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.
Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers.
Here is a look at the most-searched stocks on Benzinga Pro during March 2023. Year-to-date and 52-week ranges are through the month of March.
1. SPDR S&P 500 Trust ETF (NYSE:SPY)
Month End Price: $409.39
52-Week Range: $348.11 to $457.83
YTD Return: +7.5%
January/February Search Rank: 1st/1st
The SPDR S&P 500 ETF ranked as the top searched ticker. The interest comes as the S&P 500 rebounds in 2023, interest grows following the index's worst annual performance since 2008, experienced in 2022. The ETF continues to be a gauge of overall market health and is tagged by Benzinga Pro on many macroeconomic stories and news alerts.
2. Tesla Inc (NASDAQ:TSLA)
Month End Price: $207.46
52-Week Range: $101.81 to $384.29
YTD Return: +91.9%
January/February Search Rank: 2nd/2nd
2022 Search Rank: 2nd
Electric vehicle leader Tesla continues to be the most searched non-ETF ticker on Benzinga Pro. The stock is rebounding in 2023 after posting a share price decline in 2022. The stock will likely rank high for searches in April, with quarterly delivery and production results and quarterly financial results during the month.
3. Nvidia Corp (NASDAQ:NVDA)
Month End Price: $277.77
52-Week Range: $108.13 to $278.34
YTD Return: +94.0%
January/February Search Rank: 6th/3rd
2022 Search Rank: 4th
Shares of Nvidia are up significantly in 2023 with the technology sector rebounding. The tech giant is also seen as a beneficiary of the surging interest in artificial intelligence, which could be a multi-billion opportunity for the company.
Related Link: First Quarter Rewind, What's Ahead For Tech In Q2
4. Mullen Automotive (NASDAQ:MULN)
Month End Price: $0.13
52-Week Range: $0.09 to $3.12
YTD Return: -59.2%
January/February Search Rank: Not in Top 20/Not in Top 20
2022 Search Rank: 14th
Electric vehicle company Mullen Automotive saw interest soar in the month of March, which included several delivery and partnership announcements. The stock is down over 50% in 2023.
5. Apple Inc (NASDAQ:AAPL)
Month End Price: $164.90
52-Week Range: $124.17 to $178.49
YTD Return: +31.9%
January/February Search Rank: 3rd/4th
2022 Search Rank: 3rd
Technology giant Apple slides to fifth among searched tickers on Benzinga Pro for the month of March. The move comes as a result of other tickers seeing increased interest and Apple maintaining a steady search volume in March. The stock is up over 30% year-to-date in 2023 and will likely remain in the top 10 each month.
6. Imperial Petroleum (NASDAQ:IMPP)
Month End Price: $0.19
52-Week Range: $01.5 to $1.57
YTD Return: -19.3%
January/February Search Rank: Not in Top 20/Not in Top 20
2022 Search Rank: Not in Top 20
The small-cap oil stock saw shares surge in March after a company update reported a net asset value update for the stock. The report said Imperial Petroleum had a net asset value of $1.49 per common share outstanding and $1.17 on a fully diluted basis, significantly above where shares trade.
7. Moderna Inc (NASDAQ:MRNA)
Month End Price: $153.58
52-Week Range: $115.03 to $217.25
YTD Return: -14.2%
January/February Search Rank: 15th, Not in Top 20
2022 Search Rank: 11th
Moderna saw increased interest in the month of March, which came amid news the company wanted to charge $130 for each COVID-19 vaccine dose and could get additional booster shots authorized. Moderna also announced a collaboration with Generation Bio (NASDAQ:GBIO)
8. AMC Entertainment Holdings (NYSE:AMC)
Month End Price: $5.01
52-Week Range: $3.77 to $16.89
YTD Return: +27.5%
January/February Search Rank: 16th/12th
2022 Search Rank: 9th
Movie theater leader AMC re-entered the top 10 stocks searched on Benzinga Pro for the month of March. The increased interest came as shareholders voted to approve a vote for the conversion of AMC Preferred Equity Units (NYSE:APE) into common shares. The company also was the subject of a takeover rumor.
9. Advanced Micro Devices (NASDAQ:AMD)
Month End Price: $98.01
52-Week Range: $54.57 to $110.94
YTD Return: +53.1%
January/February Search Rank: 12th/Not in Top 20
2022 Search Rank: 5th
AMD re-joined the top 10 tickers, likely the result of increased interest in large technology companies as the sector rebounds in 2023.
10. Hycroft Mining Holding Corp (NASDAQ:HYMC)
Month End Price: $0.43
52-Week Range: $0.31 to $2.31
YTD Return: -19.9%
January/February Search Rank: Not in Top 20/Not in Top 20
2022 Search Rank: Not in Top 20
Mining company Hycroft ranked 10th for the month, which comes as the company reported full-year financial results. Hycroft reported $32.2 million and $1 million in revenue for gold and silver respectively for the full financial year.
Honorable Mentions: The following stocks were the 11th to 20th most-searched tickers on Benzinga Pro in March 2023.
11. Zscaler Inc (NASDAQ:ZS)
12. Meta Platforms (NASDAQ:META)
13. Indonesia Energy (AMEX:INDO)
14. Invesco QQQ Trust (NASDAQ:QQQ)
15. Alibaba Group Holding (NYSE:BABA)
16. Amazon.com Inc (NASDAQ:AMZN)
17. Nio Inc (NYSE:NIO)
18. Camber Energy (NYSE:CEI)
19. GameStop Corp (NYSE:GME)
20. Costco Wholesale Corp (NASDAQ:COST)
The top searched stocks in March saw only four of the top 10 names carry over from the month of February.
The Invesco QQQ Trust, Meta Platforms and Amazon all dropped from the top 10 into the 11th through 20th range for search interest.
Three of the most searched stocks for the month of February ranked outside the top 20 tickers in March with Bed Bath & Beyond (NASDAQ:BBBY), C3.ai Inc (NYSE:AI) and Carvana Co (NYSE:CVNA) all falling off the list.
Read Next: Top 5 Best And Worst U.S. Industry ETFs In Q1 2023
Photo: Shutterstock
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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