Nvidia Hits Record $216.21 as Options Signal More Upside
Nvidia (NVDA.OQ) surged to a fresh record high of $216.21 on April 27, up 2.9% for its fourth straight gain, with low Schaeffer’s Volatility Index at 37% (13th percentile) and heavy call buying (23.3M calls vs. 10.8M puts over 10 days) pointing to continued momentum. A day prior, it closed at all-time high $208.27 with market cap briefly over $5T, but 14-day RSI at 71.50 flagged overbought risks after ~20% monthly gains. Historically, similar low-IV setups near highs led to 6.6% average gains one month later 55% of the time.