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 ended on a positive note on Thursday with the Dow Jones Industrial Average up 0.5% at 37,468.41. The S&P 500 too rose 0.9% to 4,780.94 while the Nasdaq gained 1.35% to 15,055.65.
These are the top stocks that gained the attention of retail traders and investors through the day:
Apple Inc. (NASDAQ:AAPL)
Apple’s stock rose by 3.26% to close at $188.63, fluctuating between $185.83 and $189.14 throughout the day. The stock’s 52-week range has been between $133.77 and $199.62. The tech giant, recently targeted by the European Commission for data requests under the EU's Digital Services Act, has been navigating a complex regulatory environment while maintaining its market position.
PayPal Holdings, Inc. (NASDAQ:PYPL)
PayPal Holdings witnessed a 3.67% increase in its stock price, closing at $62.09. The stock hit an intraday high of $62.47 and a low of $60.12, with a 52-week range of $50.25 to $88.63. Despite recent downgrades by analysts, the company’s stock has shown resilience, bouncing back from earlier losses and signaling a potentially strong recovery.
Spirit Airlines Inc. (NYSE:SAVE)
Spirit Airlines experienced a challenging day with its stock declining by 7.17% to close at $5.7. The stock’s intraday movement ranged from $4.04 to $5.94, aligning with its 52-week low and high. The airline is currently facing financial turmoil following the fallout of its merger with JetBlue Airways, raising concerns about its future strategies and market position.
iRobot Corporation (NASDAQ:IRBT)
iRobot Corporation’s stock plummeted by 14.23%, closing at $23.62. The stock’s daily high was $28.09, and the low was $23.41, which is also its 52-week low. The company’s recent struggles are partly attributed to the European Union’s competition watchdog likely rejecting Amazon.com Inc’s acquisition bid, a significant setback for iRobot’s expansion plans.
Tesla Inc. (NASDAQ:TSLA)
Tesla’s stock saw a decrease of 1.70%, ending the day at $211.88. The stock fluctuated between $208.74 and $217.45, with its 52-week range being $124.31 to $299.29. Amidst growing competition and market challenges, Tesla is facing a potentially tough year ahead, with analysts expressing concerns over its growth and market position.
Photo by Jirapong Manustrong on Shutterstock
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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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