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 AbbVie's Stock Today
AbbVie (NYSE:ABBV) is currently down 5.54% to a price of $104.49. The stock's volume is currently 6.90 million, which is roughly 99.43% of its recent 30-day volume average of 6.94 million.
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Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: AbbVie shares are trading lower after the the FDA pushed back the review period for the company's supplemental marketing application for upadacitinib in active psoriatic arthritis.
Perspective On Recent Price Action
The 50-day moving average price of AbbVie's stock was $107.34 when this article was published. The stock reached a high of $113.41 and a low of $62.55 in the past 52 weeks.
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.