Nvidia Stock Could Be Worth 42% More at $1,120 - Put Short Sellers Find This Attractive

Nvidia (NVDA) stock could be worth at least 29% more at $1,016 per share and as much as 42% more at $1,120 based on its huge free cash flow (FCF) and FCF margins. Long investors can make extra income by shorting out-of-the-money (OTM) puts.

This is based on its blowout results reported on Feb. 21 for the fiscal Q4 ending Jan. 31. As a result, NVDA stock rose over 16% to $788.17 as of Friday, Feb. 23.