# Shares of Nvidia fell a bit on Tuesday after a WSJ report raised questions about OpenAI growth targets.

*genai · news · 2026-04-28 · CNBC*

## Key points

- Nvidia options saw a spike in implied volatility as traders piled in with bullish bets.
- Call volume in Nvidia options more than doubled put volume, with $648 million spent on calls.
- Traders expect Nvidia stock to move upwards of 10% by end of next month.
- The largest Nvidia trades involved spreads, notably a 200/260 call spread expiring March 2027.
- This major options trade predicts Nvidia shares will reach $260 by March 2027, a 21% increase.

**Companies:** Nvidia

[Read the full story on CNBC](https://www.cnbc.com/2026/04/28/traders-bet-nvidias-stock-will-return-to-record-highs-soon.html)

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