Why Five Below's Stock Is Moving Higher Monday

Five Below Inc (NASDAQ:FIVE) shares are trading higher by 2.2% at $226.56 Monday morning after JP Morgan maintained an Overweight rating on the stock and raised its price target from $235 to $250.

Five Below shares are trading higher by 7.9% over the past 5 sessions and 24.5% over the past month amid reopening optimism.


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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Five Below is a value-oriented retailer that operated 1,020 stores in the United States as of the end of fiscal 2020. Catering to teen and preteen consumers, stores feature a wide variety of merchandise, the vast majority of which is priced at or below $6.

Five Below has a 52-week high of $227.71 and a 52-week low of $106.05.

 


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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