**NVIDIA Corp (NVDA) Options Trading Begins for March 23 Expiration**
NVIDIA Corp has launched new options trading for March 23, 2023. Notably, a put contract at the $175 strike price has a current bid of $6.20. If an investor sells this put, they commit to buying NVDA shares at $175 while effectively lowering their purchase price to $168.80, representing an approximate 1% discount from the current stock price of $177.63. The odds of the put expiring worthless stand at 56%, offering a potential return of 3.54% on cash commitment.
Additionally, a call contract at the $180 strike price is priced at $5.65. If an investor buys NVDA shares and sells this call, they can realize a total return of 4.52% if the stock is called away at expiration. The likelihood of this call expiring worthless is also roughly 55%. The implied volatility for both contracts is about 52%, while the trailing twelve-month volatility averages 41%.
