JPMorgan Says to Sell NVDA March $160 Puts. Should You Actually?

Put options are about as popular as ever, for at least two different reasons. 

When buying a put on a stock, ETF, or index, you retain for a period of time the right to sell that security at a price you choose when you buy it. The further down from the current price that “strike price” on the put option you purchased is, the less you will pay for it. It’s sort of an insurance policy against the unlikely, or very unlikely.