Benzinga's Volume Movers


27% profit every 20 days?

This is what Nic Chahine averages with his option 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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  • Genesco Inc. (NYSE: GCO) surged 4 percent to $50.76. The volume of Genesco shares traded was 661 percent higher than normal. Baird downgraded Genesco from Outperform to Neutral.
  • Verisign, Inc. (NASDAQ: VRSN) shares moved up 8.6 percent to $81.24. The volume of Verisign traded was 300 percent higher than normal. Verisign shares have gained 9.95 percent over the past 52 weeks, while the S&P 500 index has increased 11.39 percent in the same period.
  • Mercadolibre Inc (NASDAQ: MELI) shares rose 6.4 percent to $184.80. The volume of Mercadolibre shares traded was 661 percent higher than normal. JP Morgan upgraded Mercadolibre from Neutral to Overweight.
  • Baozun Inc (ADR) (NASDAQ: BZUN) shares rose 7.5 percent to $14.46. The volume of Baozun shares traded was 209 percent higher than normal. Baozun shares have jumped 172.27 percent over the past 52 weeks, while the S&P 500 index has gained 11.39 percent in the same period.

27% profit every 20 days?

This is what Nic Chahine averages with his option 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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