Investors in NVIDIA Corp (NVDA) have new options available for the March 11th expiration. One put contract at the $185.00 strike price has a bid of $5.80, representing a 3% discount from the current stock price of $191.31. The call contract at the $195.00 strike has a bid of $5.90, offering a 2% premium.

Selling the put contract at $185.00 could yield a 3.14% return, with a 65% chance of expiring worthless. Buying shares and selling the call contract at $195.00 could result in a 5.01% return, with a 54% chance of expiring worthless. The implied volatility for the put and call contracts are 59% and 46%, respectively.

Stock Options Channel will track the odds and publish a chart of the numbers over time. For more options ideas, visit StockOptionsChannel.com.

Read more at NASDAQ: March 11th Options Now Available For NVIDIA