Artificial intelligence (AI) has emerged as one of the most prominent themes driving the investment landscape on Wall Street in 2023. The rise of OpenAI’s ChatGPT and the increasing demand for generative AI opportunities have captivated the attention of investors worldwide. A long NVDA straddle presents the potential for profit regardless of whether the stock’s price rises or falls dramatically. Traders seeking to leverage this anticipated volatility could view a long straddle as a favorable investment strategy. Q: How does a long straddle work?

Source: Wall Street Journal November 18, 2023 04:47 UTC