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 experienced a downturn, with significant losses noted toward the end of trading. The S&P 500 fell approximately 1.4%, echoing the performance of the Dow and the NASDAQ, which declined by 1.3% and 1.9% respectively.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Novavax, Inc. (NASDAQ:NVAX) closed with an 8.18% increase at $7.67, marking an intraday high of $8.15 and a low of $6.73. The stock's 52-week range is between $5.61 and $25.66. The surge followed the FDA's Emergency Use Authorization for Novavax’s updated Covid-19 vaccine, Adjuvanted (2023-2024 Formula), for individuals aged 12 and older. This development comes on the heels of similar approvals for Moderna and the Pfizer-BioNTech vaccines.
Palantir Technologies Inc. (NYSE:PLTR) experienced a 6.23% decline to close at $14.9, with an intraday high of $15.77 and low of $14.82. The stock's 52-week performance ranged from $5.92 to $20.24. Despite the decline, Jim Cramer acknowledged on CNBC's “Mad Money Lightning Round” that Palantir had a “really good quarter” and lived up to the hype, with the stock up over 148% in 2023.
Digital World Acquisition Corporation (NASDAQ:DWAC) saw a 1.88% increase, closing at $15.72, and marking an intraday range of $15.3 to $15.95, with a 52-week range of $12.34 to $29.8. The stock's movement is intertwined with the ongoing civil fraud case against Donald Trump, with developments in the trial potentially influencing investor sentiment.
Tesla, Inc. (NASDAQ:TSLA) closed at $245, a 2.62% decline, with an intraday high of $250.02 and low of $244.45. The 52-week range is $101.81 to $299.29. The decline is attributed to the introduction of a cheaper Model Y variant in the U.S., sparking concerns about potential impacts on the company's profit margins.
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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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