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The Options Market Is Flashing an Ominous Sign About Nvidia's Looming Earnings

Investors are loading up on protection, while continuing to pile into bullish call options - a sign that many are bracing for an abrupt pullback. The options market is sending investors a warning ahead of Nvidia's earnings: Things are about to get bumpy.The Nasdaq Composite Index COMP tallied its first two-day pullback since March on Monday, capping off an epic comeback rally. High-flying semiconductor stocks have taken a hit, while beaten-down software stocks were enjoying a moment in the sun.Brent Kochuba, founder of SpotGamma, believes a deeper pullback could be in the cards as investors await Nvidia's earnings after the bell on Wednesday - an event that's been known to move markets.Furthermore, Kochuba thinks Nvidia's earnings could be a turning point for a jittery market if investors piled into bullish Nvidia call options take profits at scale, according to his latest commentary shared with subscribers and MarketWatch.Company or ETF name Stock or ETF ticker symbo
The Options Market Is Flashing an Ominous Sign About Nvidia's Looming Earnings

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