Commit To Buy NVIDIA At $6, Earn 79.2% Using Options
June 10, 2024 at 11:34 AM EDT
Investors eyeing a purchase of NVIDIA Corp (NVDA) stock, but cautious about paying the going market price of $121.85/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2026 put at the $6 strike, which has a bid at the time of this writing of $4.75..