Commit To Buy NVIDIA At $6, Earn 79.2% Using Options
From Nasdaq: 2024-06-10 11:35:22
Investors interested in purchasing NVIDIA Corp stock may consider selling puts as an alternative strategy. One put contract to consider is the December 2026 put at the $6 strike, with a bid of $4.75, offering a 31.4% annualized rate of return.
Selling a put does not grant access to NVDA’s upside potential unless the contract is exercised. The put seller benefits from collecting the premium unless the stock declines 95.1% and the contract is exercised.
Analyzing NVIDIA Corp’s historical volatility and fundamental analysis can help determine if selling the put for a 31.4% annualized rate of return is worth the risks involved.
For more options contract ideas and information on NVIDIA Corp, visit the NVDA Stock Options page on StockOptionsChannel.com.
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