No Stopping NVIDIA


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.


NVIDIA Corporation (NASDAQ: NVDA) shares are trading higher by $2.40 at $98.85 in Thursday's session. The issue is a top performer in the market in 2016, as it has tripled from its year-end close of $32.96, when it reached $99.79 earlier in today's session.

Just in the last three sessions, it has rallied over $10.00 at today's peak from Monday's closing price of $89.59. On Wednesday, the issue added over $5.00 on extremely heavy volume aided by large purchases from break-out and momentum traders.

Going to back to Q2 of 2012, the company has an impressive streak of 18 quarterly EPS beats and has only missed on revenues on one occasion.


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.


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!

Posted In: TechnicalsIntraday UpdateMoversTrading Ideas