Stocks
NVIDIA Options Contract NVDX Attracts Investors Seeking Amplified Returns
NVIDIA's (NVDA) stock has been on a tear in recent years, and some investors are looking for ways to amplify their returns. One option is to trade the NVDA options contract, specifically NVDX.
NVDX is a leveraged play on NVDA, offering a way to gain up to 3x the daily performance of the underlying stock.
The author notes that NVDX has been trading at a premium to its intrinsic value, making it an attractive option for investors seeking to amplify their returns.