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.
Coinbase Global, Inc. (NASDAQ:COIN) shares are trading lower Thursday. The company is set to report second-quarter earnings on Aug. 3.
What To Know: Coinbase is expected to report a loss of one cent per share and revenue of $170,000.
According to data from Benzinga Pro, Coinbase also has increased short interest, with 21.28% of shares currently sold short.
Despite being down over 7% on Thursday, Coinbase stock has rallied 70.87% over the past three months. The stock is also up 57.33% since the beginning of the year.
Related Link: Why Carnival Corporation Stock Is Rising Today
COIN Price Action: Shares of COIN closed 7.08% at $92.69, according to Benzinga Pro.
Image by WorldSpectrum from Pixabay
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!