Investors in NVIDIA Corp (NVDA) saw new options begin trading today, for the June 14th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NVDA options chain for the new June 14th contracts and identified one put and one call contract of particular interest.The put contract at the $14.00 strike price has a current bid of 13 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $14.00, but will also collect the premium, putting the cost basis of the shares at $13.87 (before broker commissions). To an investor already interested in purchasing shares of NVDA, that could represent an attractive alternative to paying $14.28/share today.
NVDA June 14th Options Begin Trading
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