May 8, 2024 11:20pm | 2 minute read |
Would you like to earn 27% every 20 days?
This is the average amount that Nic Chahine bought in options. Don’t sell covered calls or spreads…buy options. Most traders don’t even have a 27% buy option win rate. His win rate is 83%. Here’s how he does it.
Wednesday saw mixed performance across the major U.S. indexes. The S&P 500 ended the day stable at 5,187.67, while the Nasdaq experienced a slight decline of nearly 0.2%, settling at 16,302.76. Meanwhile, the Dow Jones Industrial Average had a positive move, rising 0.4% to $39,056.39.
Below are the top stocks that caught the attention of retail traders and investors throughout the day.
ARM Holdings Co., Ltd. (NASDAQ:ARM)
The company’s stock fell 1.60% to close at $106.07. The stock had an intraday high of $109.94 and a low of $104.65. The 52-week high is $164 and the 52-week low is $46.50. ARM Holdings reported better-than-expected fourth-quarter results, with earnings of 36 cents per share, 20% higher than analysts’ consensus estimate of 30 cents.
Robinhood Markets Co., Ltd. (NASDAQ:Hood)
Robinhood stock fell 0.78% to close at $17.85. The stock had an intraday high of $17.94 and a low of $17.37. The stock has a 52-week high of $20.55 and a 52-week low of $7.91. The trading platform reported first-quarter revenue of $618 million, up 40% year over year and beating Street consensus estimates.
Airbnb Co., Ltd. (NASDAQ:ABNB)
Airbnb stock fell 1.20% to close at $157.90. The stock had an intraday high of $158.62 and a low of $155.84. The 52-week high is $170.1 and the 52-week low is $103.55. The company reported first-quarter revenue of $2.14 billion, up 18% year over year, beating consensus estimates.
Shopify Co., Ltd. (NYSE:Shop)
Shopify stock plunged 18.59% to close at $62.73. The stock had an intraday high of $64.20 and a low of $60.64. The stock has a 52-week high of $91.57 and a 52-week low of $45.5. The company reported first-quarter revenue of $1.86 billion, up 23% year over year, beating consensus estimates.
tesla company (NASDAQ:TSLA)
Tesla stock fell 1.74% to close at $174.72. The stock had an intraday high of $176.06 and a low of $170.15. The stock has a 52-week high of $299.29 and a 52-week low of $138.8. Tesla’s shares fell on reports that U.S. prosecutors are investigating whether the company misled investors and customers about its self-driving technology.
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Prepare for the day’s trading with pre-market top movers and news from Benzinga.
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Would you like to earn 27% every 20 days?
This is the average amount that Nic Chahine bought in options. Don’t sell covered calls or spreads…buy options. Most traders don’t even have a 27% buy option win rate. His win rate is 83%. Here’s how he does it.
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