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 traded higher on Tuesday.

There was no company-specific news to justify the price action, however, equities were trading higher today on stimulus hopes, a potential capital gains tax cut and after Russian claimed to have given regulatory approval for a COVID-19 vaccine.

In addition, it's possible there may have been some confusion around the ticker, as cryptocurrency traders circulated news about the "taco" digital currency using the same ticker as Del Taco: $TACO.

Del Taco is a restaurant operator company. It is a franchisor of restaurants featuring fresh and fast made-to-order cuisine, including both Mexican inspired and American classic dishes. The company holds approximately 564 Del Taco restaurants, a majority of these in the Pacific Southwest.

Del Taco shares closed Tuesday's session up 4.88% at $7.84. The stock has a 52-week high of $12.16 and a 52-week low of $2.45.


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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