Why Del Taco's Stock Is Trading Higher Today


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Del Taco Restaurants (NASDAQ:TACO) shares are trading higher on Thursday after the company’s director Ari Levy disclosed insider purchases of 229,702 shares.

According to a SEC form 4 filing, Levy purchased 129,702 shares priced at $2.67 on Monday, and 100,000 shares priced at $2.60 on Tuesday.

Del Taco Restaurants is a fast food restaurant chain headquartered in Lake Forest, California, specializing in American-style Mexican cuisine, burgers, fries and shakes.

Del Taco traded higher by 5.3% to $2.68 per share at time of publication. The stock traded up about 10% in the pre-market session.;

Del Taco's stock has a 52-week high of $13.50 and a 52-week low of $2.45.

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27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: NewsInsider TradesMoversTrading IdeasAri Levy