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NVIDIA Corporation (NVDA) has experienced a +2.62% increase in its stock price, now trading at $144.52 as of 9:35 AM on January 22, 2025. The stock’s daily range is between $143.67 and $146.23, with a market cap of $3.552 trillion. The 52-week range for NVIDIA stock spans from $59.94 to $153.13. Additionally, its PE ratio stands at 57.32, with EPS at $2.53, and the 1-year target estimate is set at $173.08.
In a noteworthy development within the ETF space, Tuttle Capital Management’s Matt Tuttle is betting on the expansion of zero-day options (0DTE) trading for high-profile companies like NVIDIA, Tesla, and MicroStrategy. Tuttle plans to launch new ETFs that focus on fast-twitch derivatives, allowing users to trade options with daily expirations. These new offerings would target the technology sector, including NVIDIA.
Tuttle believes that 0DTE options tied to individual companies could soon be available on a daily basis, revolutionizing the way options are traded. As he anticipates the SEC’s approval for his new ETFs, the industry continues to watch for innovative strategies within the $11 trillion ETF market.
Disclaimer: This article is for informational purposes only and should not be considered financial advice.