Nvidia has strong Q2 results with high free cash flow, recommending shorting put options

From Barchart: 2024-08-30 13:32:14

Nvidia reported strong Q2 results with high free cash flow margin of 45%, slightly lower than previous quarter. Investing in NVDA stock is predicted to be over 55% more valuable. Shorting out-of-the-money put options is recommended as a strategy to capitalize on this positive news.



Read more at Barchart: Nvidia’s Strong Free Cash Flow Could Push NVDA Stock Higher – Shorting Puts Makes Sense