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.
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping over 100 points on Thursday. The Dow traded down 1.07 to 33,922.26 while the NASDAQ fell 0.82% to 13,679.04. The S&P 500 also fell, dropping 0.79% to 4,411.59.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Prestige Wealth Inc (NASDAQ:PWM)
Prestige Wealth stock closed 11.34% higher on Wednesday at $5.4. The stock had an intraday high of $6.13 and an intraday low of $4.6. In the wider picture, the stock has a 52-week high of $6.13 and a 52-week low of $4.6. The company announced the pricing of its initial public offering of 1,000,000 ordinary shares at a public offering price of US$5.00 per ordinary share.
Rivian Automotive Inc (NASDAQ:RIVN)
Rivian stock closed 5.82% higher on Wednesday at $21.62. The stock had an intraday high of $21.77 and an intraday low of $19.64. In the wider picture, the stock has a 52-week high of $40.86 and a 52-week low of $11.68. The company is required to face a lawsuit alleging it deceived shareholders during and post its 2021 initial public offering.
Meta Platforms Inc (NASDAQ:META)
Meta Platforms stock closed 0.81% lower on Wednesday at $291.99. The stock had an intraday high of $298.12 and an intraday low of $291.31. In the wider picture, the stock has a 52-week high of $298.12 and a 52-week low of $88.09. The company launched Threads, a new social platform that will compete with Elon Musk’s Twitter.
Tesla Inc (NASDAQ:TSLA)
Tesla stock closed 2.10% lower on Wednesday at $276.54. The stock had an intraday high of $279.97 and an intraday low of $272.88. In the wider picture, the stock has a 52-week high of $314.67 and a 52-week low of $101.81. The company’s shares are trading lower amid overall market weakness and concerns over further rate hikes.
Biogen Inc (NASDAQ:BIIB)
Biogen stock closed 0.31% lower on Wednesday at $284.99. The stock had an intraday high of $286.92 and an intraday low of $282.48. In the wider picture, the stock has a 52-week high of $319.76 and a 52-week low of $193.65. The U.S. FDA announced late Thursday the agency has granted traditional approval to Leqembi (lecanemab) to Eisai Inc. for treating adult patients with Alzheimer’s Disease.
Stay on top of things with your trading when the premarket session opens.
Hi, I am the Benzinga Newsbot! I wrote the above article, utilizing the sources I hyperlinked above. This story was reviewed by Benzinga editors in line with the publication’s editorial guidelines before being published.
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!