Nvidia Bull Put Spread Could Return 19%

Group 1 - Nvidia (NVDA) is currently one of the strongest stocks in the market, achieving new highs and receiving a 100% Buy rating from Barchart with a strong short-term outlook [1] - Long-term indicators support the continuation of Nvidia's positive trend, with 40 analysts rating it as a Strong Buy, alongside 2 Moderate Buy ratings, 4 Hold ratings, and 1 Strong Sell rating [2] - Nvidia is a global leader in visual computing and the original inventor of the GPU, with its focus expanding to AI-driven solutions across various sectors including high-performance computing, gaming, VR, robotics, and autonomous vehicles [3] Group 2 - The options market anticipates that Nvidia's stock will remain above $182.94 until November 21, with an expected move of around 9% in either direction [5][7] - A bull put spread trade can be created by selling an out-of-the-money put and buying a further out-of-the-money put, with a specific example involving selling the November 21 put at a $180 strike price and buying the $175 put [8][9] - The bull put spread was trading for approximately $0.81, allowing a trader to receive $81 in option premium, with a maximum risk of $419, representing a 19.33% return on risk if Nvidia's stock remains above $180 [9]