Why Mexco Energy Shares Are Rising


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.


Shares of small-cap oil company Mexco Energy Corporation (NASDAQ:MXC) are trading higher by 53.4% at $20.74 on continued momentum. The move higher has occurred despite any company specific-news, though low-float energy stocks have gained amid recent oil volatility.

Oil and gas prices have continued to gain following the Russian invasion of Ukraine, which has caused supply concerns.

According to data from Benzinga Pro, Mexco Energy has a share float of 1.112 million, with 4.264 million shares having been traded at the time of publication.

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Mexco Energy has a 52-week high of $23.59 and a 52-week low of $6.70.


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.


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