A trader has bet on NVIDIA's earnings report, already opening a position of approximately 147,000 shares of NVDA on Hyperliquid.

PANews February 25 News, according to MLM monitoring, a trader named “Ray” has shifted to a bullish sentiment ahead of Nvidia’s earnings report. He has currently gone long on approximately 147,000 shares of NVDA through two wallets on Hyperliquid, with a nominal value of up to $28.3 million. Additionally, the trader has been steadily buying Nvidia stock in batches using a TWAP strategy, amounting to about $4 million, indicating a continued bullish outlook on the earnings. It is reported that Nvidia is expected to release its earnings report Thursday morning. Options pricing suggests the stock could experience up to 6% volatility this week. However, over the past four quarters, despite Nvidia beating expectations in three of those quarters, the stock price has always declined the day after the earnings release.