Interesting NUGT Put And Call Options For May 30th
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2025
0mins
Source: NASDAQ.COM
Put Contract Analysis: Selling a put contract at the $62.50 strike price allows investors to potentially buy NUGT shares at a lower cost basis of $56.50, with a 54% chance of the contract expiring worthless, offering a potential 9.60% return on cash commitment.
Call Contract Strategy: Purchasing shares at $63.02 and selling a covered call at the $63.50 strike could yield an 8.38% return if exercised, with a 48% chance of the call expiring worthless, providing a 7.62% additional return if retained.
Analyst Views on NUGT
Wall Street analysts forecast NUGT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NUGT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 254.270
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Current: 254.270
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
