A curious dynamic is happening in shares of Nvidia ahead of two potential catalysts this month, and it's presenting an unique opportunity for options traders. As shares of the AI giant have surged, the stock's forward multiple, a measure of how expensive it is relative to the market, has fallen as the chip maker continues to rake in money. Nvidia shares have rallied 24% in 2026, rising five straight sessions with the stock sitting just 3.5% below its all-time closing high of $235.74 back in May. However, several potential catalysts in the days ahead may reverse or accelerate Nvidia's trajectory from here.
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