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.
A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bring order to the markets.
Here are the stocks halted on a circuit breaker today, and the news that possibly impacted those stocks, according to Benzinga Pro.
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Rocket Companies Inc (NYSE:RKT) 9:32 a.m. - The stock was halted due to upside volatility after the company announced a 41% drop in first-quarter revenue to $2.7 billion year-over-year. Rocket Companies reported $53.9 billion in concluded loan originations in the first quarter, down from $103.5 billion in the same period last year.
Carvana Co (NYSE:CVNA) 9:42 a.m. - Just after the market opened, the stock was halted due to volatility. Investors sold off Carvana stock after the business announced it would shed 2,500 employees and finance an unfavorable $2.2 billion acquisition of ADESA U.S.
Redbox Entertainment Inc (NASDAQ:RDBX) During Wednesday's trading session, the stock was halted five times for volatility after Chicken Soup for the Soul Entertainment Inc (NASDAQ:CSSE) announced that it would acquire Redbox in a deal worth less than Redbox stock.
Unity Software Inc (NYSE:U) 9:49 a.m. - After the company released first-quarter financial data and offered guidance that fell short of analyst expectations, the stock was halted for volatility. Unity reported a first-quarter sales rise of 36% year-over-year to $320.1 million, below analyst predictions of $321.49 million and an adjusted loss of 8 cents per share, in line with analyst expectations.
Blue Water Vaccines Inc (NASDAQ:BWV) 1:07 p.m. - Halted for volatility on the downside, though the stock closed 18.54% higher for Wednesday’s trading session.
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.