Why Lithium Americas Stock Is Trading Lower 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.


Lithium Americas (NYSE:LAC) shares are trading lower on Wednesday after Roth Capital downgraded the stock from Buy to Neutral and lowered its price target from $15 to $13.50 per share.

Lithium Americas is a Canadian resource company. It operates various projects namely Cauchari-Olaroz lithium brine project in Jujuy, Argentina and Thacker Pass lithium claystone project in Nevada.

Lithium Americas shares traded down 10.94% to $11.15 on Wednesday at the time of publication. The stock has a 52-week high of $16.97 and a 52-week low of $1.92.


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: DowngradesPrice TargetAnalyst Ratingswhy it's moving