Nvidia (NVDA) is a strong stock in the market, with a 100% buy rating and strong short term outlook. Long term indicators support the trend, with 40 analysts rating NVDA as a Strong Buy. The company leads in visual computing, AI solutions, gaming, and more, shaping multi-billion-dollar tech markets.

The options market expects NVDA stock to stay above $182.94 until November 21. A bull put spread trade involves selling an out-of-the-money put and buying a put further out-of-the-money. This trade offers a potential 19.33% return on risk if NVDA stock remains above $180 by expiration.

A stop loss for the bull put spread can be set at the premium received ($81), or based on a chart point like $185. Options trading carries risk, so always do your own due diligence and consult a financial advisor before making investment decisions.

Read more at Barchart: Nvidia Bull Put Spread Could Return 19%