With Nvidia (NVDA) falling 10% on Friday and the afterhours session not exactly demonstrating confidence, it seems easy to label NVDA stock as a potential bear target. However, the bulls have moved in earnestly based on options market data, particularly data focused on major transactions. And the contrarian sentiment also makes sense in many ways. Yes, NVDA stock is overpriced based on traditional financial metrics. Pulling up Barchart’s Key Statistics screen, we see that shares trade for nearly 70X trailing-12-month (TTM) earnings. Against book value, the multiple stands at almost 51X. Finall…