Why WD-40 Is Trading Higher Today


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.


The Price And Volume Action In WD-40's Stock Today

WD-40 (NASDAQ:WDFC) is currently up 14.4% to a price of $315.71. The stock's current volume for the day is 68.99 thousand, which is approximately 89.9% of its previous 30-day average volume of 76.74 thousand.

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Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: WD-40 shares are trading higher after the company reported better-than-expected Q1 EPS and sales results and issued FY21 sales guidance.

Further Analysis of Recent Price Action

The moving average price of the stock over the past 50 days was $257.5 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $272.58 and as low as $151.16.

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.


Posted In: MoversTrading IdeasBZI-WIIM