Why Monolithic Power Systems Shares Are Seeing Blue Skies 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.


Monolithic Power Systems Inc (NASDAQ:MPWR) shares are trading higher by 6.92% to $425.32 Monday afternoon after Truist Securities maintained a Buy on the stock and raised its price target from $432 to $533.

What Else?

Monolithic Power Systems shares are potentially trading higher in sympathy with major indices amid strength in tech stocks. Additionally, Barclays upgraded its ratings on multiple semiconductor stocks. Elliott Management reportedly took a multi-billion dollar stake in Salesforce, lifting market sentiment.

See Also: Why Roku Shares Are Moving Following Netflix's Earnings Report

According to data from Benzinga Pro, MPWR has a 52-week high of $541.39 and a 52-week low of $301.69.


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: Newswhy it's moving