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.
The Price And Volume Action In Pinduoduo's Stock Today
Pinduoduo's (NASDAQ:PDD) stock has been falling Tuesday, down 5.42% to a price of $127.97. Tuesday the stock has been traded at a volume of 1.34 million, about 15.26% of its recent 30-day volume average of 8.77 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Pinduoduo shares are trading lower after China Renaissance downgraded the stock from Buy to Hold.
Perspective On Recent Price Action
The stock's 50-day moving average was $158.7 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $212.6 and fallen to a low of $42.77.
Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!