Mobileye NV Stuck In 7-Day Trading Range


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.


Mobileye NV (NASDAQ:MBLY) shares are trading higher $0.15 at $46.34 in Tuesday's session. The usually volatile issue has been stuck in less than a $2.00 trading range since Feb. 27 — its last seven sessions (including Tuesday's price action).

The upper end of the range has been defined by a pair of highs at $47.20 from Feb. 27 and March 3. Many of the other highs have been at the $46.75 area.

The lower end of the trading range has been defined by a pair lows at the $45.50 area from Feb. 27 ($45.45) and in Tuesday's session at $45.53. Also during this stretch, all but one of its closes have been in the $46.00 handle, ranging from $46.19 to $46.95.


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.


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