NVIDIA Stock Surges Over $900, Eyes Earnings Amid 920-932 Challenges

NVIDIA Corporation (NVDA) experienced significant trading activity and price movements recently. The stock price surged back over $900, with notable volume increases and premium spikes suggesting heightened investor interest. This movement followed a period of consolidation with a tight-range weekly close, leading to a breakout over the $907 level. Traders are actively positioning for the upcoming earnings, with expectations of continued volatility. Some traders reported re-entering trades in NVDA after initial losses, capitalizing on the momentum to roll up their positions. The 920-932 range is anticipated to be challenging.