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.
Mammoth Energy Services’s Stock Price And Volume Action
Mammoth Energy Services’s (NASDAQ:TUSK) stock is trading up 60.09% to a price of $3.42. The stock’s volume is currently 5.55 million, which is roughly 4778.27% of its recent 30-day volume average of 116.24 thousand.
Why It’s Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Mammoth Energy shares are trading higher after the company said additional reports from FEMA 'add further validation' to work performed in Puerto Rico.
Further Analysis of Recent Price Action
The moving average price of the stock over the past 50 days was $1.82 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $2.7 and as low as $0.56.
If you’re looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving’ alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.
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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