LendingClub Finds Sellers At $6.20 Area Again After Q3 Beat

LendingClub Corp (NYSE: LC) shares are trading higher by $0.98 (17 percent) at $6.11 in Monday's session. There are two catalysts accounting for the rally.

Before the open, the company announced a Q3 beat of $0.03 with nearly $10 million more in revenues. The company also secured a $1.3 billion purchase program from a National Bank Of Canada subsidiary.


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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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.


The rally is findings sellers in a familiar area as $6.18 stands as the current high for the day. That high falls in between a series of eight consecutive highs from $6.12 to $6.28 from  September 27 to October 6.

The issue is attempting to post its first close over $6.00 since October 10, when it ended the session at $6.04.

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