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.
PaxMedica Inc (NASDAQ:PXMD) shares are trading lower by 21% to $0.16 Monday afternoon after the company announced a 1-for-17 reverse stock split.
What Else?
PaxMedica's 1-for-17 reverse stock split is effective today, October 30. As a result, the common stock will start trading on a split-adjusted basis from October 31.
This reverse split means that 17 pre-split shares of common stock have been combined into one share. No fractional shares were issued, and those entitled to fractional shares will receive whole shares instead.
See Also: What's Going On With Intel Stock?
According to data from Benzinga Pro, PXMD has a 52-week high of $4.07 and a 52-week low of $0.15.
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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