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NVDA Earnings Trade - Gonna Play or Sit Out?

G
May 20, 2026 · 19:59

Me - gonna play but it's close. Gonna be long defined risk IC 2DTE.

Reasons

1. IV 3 pts cheap vs current IV less Vol crush
2. VRP is -1.9%, 25th percentile
3. Risky part - NVDA doesn't have a great track record surprise earnings/post EA moves. But when it moves, it moves.

But, with IV cheap and a nicely constructed, reward/risk IC (taking advantage of the vol surface), I'm in. Not for a lot - just 1% of my net assets.

Any one else long gamma on $NVDA or just the normal short sellers out there??

https://preview.redd.it/j3q2w0gjlc2h1.png?width=1345&format=png&auto=webp&s=e78f7417b53239afde15bc9041a8632581334c41