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Nvidia Stock Is Slowly Moving Higher - Short Put Plays Could Work Here

Nvidia, Inc. (NVDA) stock is moving higher from a trading plateau, as analysts have raised their price targets. This might be a good time for existing investors to sell short out-of-the-money put options. This sets a lower buy-in and makes extra income. NVDA is at 183.37inmiddaytradingonMonday,Sept.22.ThatisstillbelowwhereNVDAstoodwhenIlastwroteaboutNvidiaoverthreeweeksagoonAug.29(i.e.,183.37 in midday trading on Monday, Sept. 22. That is still below where NVDA stood when I last wrote about Nvidia over three weeks ago on Aug. 29 (i.e., 180.17). More News from Barchart In that article ("Nvidia's Free Cash Flow Falters From ...