Thesis for a long straddle stock nvidia

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A thesis for a long straddle stock Nvidia (Ticker: NVDA)? Why do you think Nvidia would be a good option for a long straddle stock in 2022? Use the following information below for the thesis.

Company

Nvidia

Ticker

NVDA

Stock Price

$267.05

Call premium

$18.95

Call strike

$265

Call expiry

3/4/22

Put premium

$15.24

Put strike

$265

Put expiry

3/4/22

Total Premium

$34.19

Reference no: EM133119529

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