GoPro Inc (NASDAQ:GPRO) shares are trading higher by $0.71 (8 percent) at $10.11 in Tuesday's session.
The catalyst for the rally is positive comments from Pacific Crest; The firm boosted estimates for the former high-flying issue.
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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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After a higher open, it retreated only $0.06 to $9.81 before embarking on a rally into the mid-$10.00 handle. However, the rally ended in between the trio highs from November 11, 14 and 15 (which ranged from $10.36 to $10.50) at $10.44.
Since making that high, profit-takers have come into the issue, nudging back into the lower $10.00 handle.
GoPro is attempting to post its first close over $10.00 since November 18, when it ended the session at $10.02.
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.