Why Imperial Petroleum Shares Are Skyrocketing 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 small-cap penny stock Imperial Petroleum Inc (NASDAQ:IMPP) are trading higher by 37.08% at $0.81 on above-average volume as the stock trends across social media platforms. Energy names have been volatile amid the Russia-Ukraine conflict, which has lifted oil and gas prices due to supply concerns.

Several energy companies at large are also trading higher in sympathy with the increase in oil prices.

See Also: Why Novavax Stock Is Trading Higher Today

Imperial Petroleum is a provider of international seaborne transportation services to oil producers, refineries and commodities traders.

According to data from Benzinga Pro, Imperial Petroleum has a 52-week high of $9.70 and a 52-week low of $0.38.


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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Posted In: MoversTrading Ideaswhy it's moving