Analyzing The Price Action In RumbleON Stock 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.


RumbleON's Stock Price And Volume Action

RumbleON (NASDAQ:RMBL) is currently up 18.9% to a price of $43.51. The stock's volume is currently 83.05 thousand, which is roughly 104.33% of its recent 30-day volume average of 79.60 thousand.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: RumbleON shares are trading higher after the company announced a merger with RideNow.

Further Analysis of Recent Price Action

The stock's 50-day moving average was $37.29 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $53.5 and fallen to a low of $0.15.

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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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Posted In: MoversTrading IdeasBZI-WIIM