Earnings are back in focus on Wednesday and the options market is already putting numbers on the potential post-print volatility. For retail investors, implied moves can be a quick read on where expectations — and risk — are concentrated, according to Benzinga Pro.

This is a Benzinga-selected watchlist spanning semiconductors, enterprise software and retail. The marquee name on the list is Nvidia, but the biggest implied swing is saved for the final section as the countdown runs from the calmest setup to the most volatile.

9. Nvidia | Mkt Cap: $5.1T | Implied Move: 5.60%

Nvidia Corp (NASDAQ:NVDA) reports second quarter of 2027 results after the closing bell. Wall Street is looking for $2.09 in earnings per share on $92.03 billion in revenue, up from $1.04 and $46.74 billion a year ago.

Benzinga Pro data show options are pricing in a 5.60% move, which is the smallest implied move on this Benzinga-selected list — but it still represents $286 billion of market value at stake given Nvidia’s $5.11 trillion market cap.