"Hopes & Dreams Of The 'Long-Vol' Crowd" Rest On NVDA's Shoulders

By now, the world and their pet rabbit is aware of the import of NVDA's earnings after-hours tonight.

Howevcer, as Nomura's Charlie McElligott highlights this morning, now that NVDA has become a "macro factor" there is far more at risk - specifically, Vol-Control funds exposure and the hugely popular 'dispersion' trade.

Just how 'bullishly-tilted' are NVDA options?