Options Brief: Fuqi International (FUQI)

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Shares of Fuqi International (NASDAQ: FUQI) are lower on the session by 0.21%, trading at $4.70.Overall call volume is now running at 2.08x the daily average, with 57% of all calls traded being purchases on the offer. 1,076 contracts have traded on the session so far. Fuqi International, Inc. is a designer of precious metal jewelry in China, developing, promoting, and selling a range of products in the Chinese luxury goods market.

20-Year Pro Trader Reveals His "MoneyLine"

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!