Nvidia beat by about 6%. The options market had priced a 5.4% move.
The initial reaction was contained.
Cem Karsan's base case going in: vol compresses, call skew decays, and dealers short those calls sell the stock they held against them. It was never about the number.
@jam_croissant and
@CVecchioFX react 👇🥐🍒
$NVDA #
options#