What's Going On With GameStop Shares Today?


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 several companies in the broader retail sector, including GameStop Corp. (NYSE:GME), are trading higher amid overall market strength after the Federal Reserve announced it would raise the key interest rate by 50 basis points.

The Federal Reserve raised its target fed funds rate by 0.5% on Wednesday to a new range of between 0.75% and 1.0%, its first rate hike of at least half a percentage point in more than 20 years. The Fed also said it will begin reducing the size of its balance sheet starting on June 1… Read More

See Also: Why Lyft Shares Are Slamming The Brakes Today

GameStop is a U.S. multichannel video game, consumer electronics, and services retailer.

According to data from Benzinga Pro, GameStop has a 52-week high of $344.66 and a 52-week low of $77.58.


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!

Posted In: MoversTrading Ideaswhy it's moving