SmileDirectClub's Stock Surges On Patent Win


27% profit every 20 days?

This is what Nic Chahine averages with his option 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.


SmileDirectClub (NASDAQ:SDC) shares are trading higher Tuesday, after the company announced it has been issued a patent for its SmileShop intellectual property from the U.S. Patent and Trademark Office.

The patent means no clear aligner competitor will be able to duplicate SmileDirectClub’s model for 18 years.

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SmileDirectClub shops have temporarily been closed since March. The company says it's making plans to slowly reopen its SmileShops beginning in May in the U.S., Canada, Germany, Australia, New Zealand, the UK and Ireland as local governments begin to lift business restrictions.

SmileDirectClub shares were up 34.14% at $7.23 in Tuesday’s pre-market session. The stock has a 52-week high of $21.10 and a 52-week low of $3.64.

Related Link:

SmileDirectClub Launches Oral Care Products for Walmart

'Meaningful First-Mover Advantage': SmileDirectClub Analysts Sound Optimistic Note After Rough First Month


27% profit every 20 days?

This is what Nic Chahine averages with his option 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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