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Hedging Your Bets: The 2 Best Ways To Play Nvidia Stock Right Now

Recent industry and macro factors caused Nvidia (NASDAQ:NVDA) stock to dip, sparking concerns about its 2023 rally. Despite a slight decline, don’t dismiss the ongoing generative AI mega trend driving its powerful performance.

That said, investors should recognize the limits of Nvidia’s growth potential despite the market’s enthusiasm for AI.

Here’s why I think a covered call or put selling strategy may be the best option right now.

This post appeared first on InvestorPlace.