A Long Call is a bullish options strategy where you buy the right but not the obligation to purchase 100 shares of $NVIDIA(NVDA)$ at a specific strike price before a set expiration date.
A Long Call is a bet on NVIDIA stock price going up and you do not need to own a single share of NVIDIA to do it.
In fact many traders use Long Calls specifically because they do not want to tie up the huge amount of cash needed to buy 100 shares of NVDA. This would cost over USD 18,000 to buy at the current prices.
Cheap Entry: Instead of paying USD 18,000 for 100 shares, you might pay only USD 800 to USD 1000 for 1 Call option.
If Nvidia jumps 10% your option could double in value, giving you a much higher percentage return than the stock.
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