Nvidia earnings: Here's how options traders are positioned

Chris Murphy, Susquehanna co-head of derivative strategy, joins 'Squawk on the Street' to discuss Nvidia's positioning ahead of earnings, how investors typically utilize options on Nvidia, and more.

[AmithKaury]

just sold part of my Nvidia stock to protect my profits, but I'm holding onto some for the long run because of the company's strong growth prospects. In addition, I'm thinking of expanding the variety in my $400K stock portfolio, but I'm not sure how to handle risks going forward.

[AadhilaEesha]

I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.

[Bigfurtune]

Your explanation of the options strategies around Nvidia’s earnings was really helpful. I’m in the process of figuring out the best way to start investing and would appreciate any guidance on how to interpret these market moves when making investment decisions.

[KacieLehman]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[Theofficaldannyalldunso]

Its up 30% in the last 2 weeks. Selling puts in the 110-115 range makes sense. Still making the premium and banking on the upside.

[usernameofali]

I like your point, selling puts allows you to earn premiums, regardless of stock direction. If Nvidia rises, the options expire worthless, and you keep the premium. If it drops, the premium offsets some of the loss, and there's potential for a quick rebound as buyers enter on the dip. What maturity would you suggest?

[smartdoguk]

It was like 20 percent down already with panic sell few weeks ago...will go to 140 no doubt

[The_Viking]

IV Crush will squeeze the money out of options if your buying

[theunbearablebull]

Who wants to bet NVDA opens flat on Thursday burning both sides of options lol

[hiedi-uq]

Thank you so much for this amazing video! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Could you explain how to move them to Binance?

[caliboy]

Nvidia is bubble with 78 PE ratio. AI hype = Dot come bubble which made lots of people bankrupt back then