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Mark R. Hake, CFA

Nvidia Stock Is Still Cheap Based on Analysts' Targets - Short Put Plays Are Attractive

Nvidia (NVDA) stock still looks cheap according to analysts' price targets, which have been rising. Moreover, high yields from selling short out-of-the-money (OTM) put options are attractive. This article will describe that play.

NVDA is at $132.44 in midday trading on Tuesday, Oct. 8. It's risen almost 30% since Sept. 9 when it hit a recent low of $102.53.

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