Nvidia Stock Could Still Be Worth 26% More at $1,141 - Good for Short-Put Plays by NVDA Investors

Nvidia Corp. (NVDA) could still be worth up to 26% more at $1,141 per share. This valuation is based on its massive FCF margins. Existing shareholders can gain extra income by shorting out-of-the-money (OTM) put options in nearby expiry periods. That will help wait for NVDA stock to reach this price target.

I discussed this in several recent Barchart articles, including this one on Feb. 25: “Nvidia Stock Could Be Worth 42% More at $1,120 - Put Short Sellers Find This Attractive.”