Investors looking at NVIDIA Corp (NVDA) stock can consider selling puts at the $120 strike for a 6.1% annualized return. However, this strategy does not offer upside potential unless the contract is exercised. The current put:call ratio for NVDA options is 0.72, indicating more put buyers than expected.

Analyzing the historical volatility of NVDA stock can help determine if selling puts at the $120 strike is a good risk-reward ratio. The trailing twelve month volatility for NVDA is 50%. Put volume for NVDA options is above normal, with 1.43M contracts traded so far. Visit StockOptionsChannel.com for more option contract ideas.

Read more at Nasdaq: Commit To Buy NVIDIA At $120, Earn 13.1% Using Options