If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $27.00, but will also collect the premium, putting the cost basis of the shares at $24.48 (before broker commissions). The put contract at the $27.00 strike price has a current bid of $2.52.

At Stock Options Channel, our YieldBoost formula has looked up and down the NVDA options chain for the new June 2016 contracts and identified one put and one call contract of particular interest. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 239 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. The company's partnership with almost all major cloud service providers (CSPs) and server vendors is a key catalyst.Investors in NVIDIA Corp ( NASD: NVDA) saw new options begin trading this week, for the June 2016 expiration. The company's GPU platforms are playing a major role in developing multi-billion-dollar end-markets like robotics and self-driving vehicles.NVIDIA is a dominant name in the Data Center, professional visualization and gaming markets where Intel and Advanced Micro Devices are playing a catch-up role. Over the years, the company's focus has evolved from PC graphics to artificial intelligence (AI) based solutions that now support high performance computing (HPC), gaming and virtual reality (VR) platforms.NVIDIA's GPU success can be attributed to its parallel processing capabilities supported by thousands of computing cores, which are necessary to run deep learning algorithms.

NVIDIA Corporation is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU.

Nvda dividend 2016