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.
Snap Inc. (NYSE:SNAP) shares are trading lower Wednesday. The stock appears to be pulling back after gaining more than 6% over the last five days.
What To Know:
Shares of SNAP are moving lower on heavy trading volume. According to data from Benzinga Pro, more than 23.1 million shares have been traded in the session, compared to the stock's 100-day average of 26.436 million shares.
SNAP has become a favorite ticker among retail investors, and according to data from Benzinga Pro, 7.8% of available shares are being sold short.
Related News: Canopy Growth Stock Is Smoking: What's Going On?
SNAP Price Action: According to Benzinga Pro, Snap shares are down 7.3% at $9.69 at the time of publication.
Image: MIH83 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.
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