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.
The Dow Jones closed higher by over 200 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform.
Dominari Holdings
- The Trade: Dominari Holdings Inc. (NASDAQ:DOMH) COO Christopher Devall acquired a total 1,500 shares an average price of $2.94. To acquire these shares, it cost around $4,412.
- What’s Happening: Dominari Holdings said Mr. Kyle Wool has been appointed as CEO of Dominari Securities LLC.
- What Dominari Holdings Does: Dominari Holdings Inc is a biotechnology company with a diverse portfolio of small-molecule anticancer and antiviral therapeutics in development.
flooidCX
- The Trade: flooidCX Corp. (OTC:FLCX) CEO Dennis M Danzik acquired a total of 750 shares at an average price of $4.32. The insider spent around $3,240.
- What’s Happening: The company’s shares jumped 36% over the past month.
- What flooidCX Does: FlooidCX Corp acts as an online complaint resolution platform for consumers and businesses.
Check This Out: Top 5 Health Care Stocks That May Collapse This Quarter
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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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