According to the Zhitong Finance APP, options traders tracked by Bloomberg predict that the stock price of artificial intelligence chip manufacturer NVIDIA (NVDA.US) may fluctuate by as much as 7.4% the day after it announces its quarterly earnings on May 28. This figure is lower than the average volatility of 11.3% seen in the stock price of NVIDIA in the eight quarters following its earnings announcements.

NVIDIA’s stock price fell by 8.5% in February, despite the company reporting fourth-quarter earnings that exceeded market expectations, as its first-quarter gross margin guidance fell short of market expectations. The day after the earnings report, the stock price initially rose by 2.8% but later dropped by 8.6%, resulting in a…