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Trade for the week of 08/30/2024

Have you been watching Nvidia? Nvidia's stock price surged 170% and 3,000% over the past year and five years, respectively. However, shares dropped after Super Micro Computer cited strong demand for liquid cooling solutions did not mention Nvidia specifically. 

Our pick this week is:

Stock

Call/Put

Expiration Date

Contracts

Strike

Premium

Cashflow

Percent

RIOT

Put

08/30/2024

1

$7.5

$0.04

$4.0

53%

Total cash flow so far: $151.00

And our expected yield for the year: 23.09%

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