Shares of NVIDIA (NASDAQ:NVDA) have surged more than 21% over the past month, including a 15.60% gain over the past five trading sessions, trimming the stock’s year-to-date loss to just 1.88%. This rebound has sparked mixed reactions,

Shares of the chipmaker are down around 8% so far in 2025 as of this writing. But a closer look at the recent stock price action suggests investors are regaining confidence in the artificial intelligence (AI) pioneer.

How The Bull Put Spread Works On Nvidia Stock. If the spread expires worthless that would be a 35% return in under one month. That assumes Nvidia stock is above 125 at expiration.