NVDA is up on a high-confidence catalyst cluster: heavy bullish call sweeps, a 2.4M-share dark-pool print at the lows, and a cup & handle that just completed. Short pressure is building underneath.
A cup & handle just finished forming. Price broke above the handle — historically a continuation higher, if it holds.
Shorts are paying a fortune to stay in this trade.
Options on NVDA are unusually expensive right now — the market is bracing for a big move.