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Mike Khouw's NVIDIA Options Trade

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Mike Khouw shared with the viewers of CNBC's "Options Action" his bullish options strategy in NVIDIA Corporation (NASDAQ: NVDA).

He thinks that the stock is going to trade higher and he wants to buy the September 140/165 call spread for $7. The trade breaks even at $147 or 8.09 percent above the current market price and it can maximally make a profit of $18.

 

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Posted-In: CNBC Mike Khouw Options ActionOptions Markets Media