![MULN, AMZN, SOFI, MSTR, TSLA: Top Trending Stocks Today – Amazon.com (NASDAQ:AMZN) MULN, AMZN, SOFI, MSTR, TSLA: Top Trending Stocks Today – Amazon.com (NASDAQ:AMZN)](https://cdn.benzinga.com/files/images/story/2024/04/29/Stocks-Photo-by-Jirapong-Manustrong-on-S.jpeg?width=1200&height=800&fit=crop)
April 29, 2024 11:28 PM | 2 min read |
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 donât even have a winning percentage of 27% buying options. He has an 83% win rate. Hereâs how he does it.
On Monday, the major U.S. stock indices finished positively, with the Dow Jones Industrial Average closing 0.4% up at 38,386.09, the S&P 500 increasing by 0.32% to 5,116.17, and the Nasdaq rising by 0.35% to 15,983.08.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
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Mullen Automotive, Inc. (NASDAQ:MULN)
The stock of the electric vehicle maker surged by 81.01% to close at $5.72 after the company announced that the California Air Resources Board approved the 2024 Mullen THREE for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). This announcement sparked a significant rise in the companyâs shares.
Amazon.com, Inc. (NASDAQ:AMZN)
Amazonâs stock saw a modest increase of 0.75% to close at $180.96. The e-commerce giant is set to report its first-quarter financial results after the market closes on Tuesday. Analysts are expecting Amazon to report a first-quarter revenue of $142.47 billion.
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SoFi Technologies, Inc. (NASDAQ:SOFI)
SoFi Technologiesâ shares dropped by 10.48% to $7.05 after the company reported its fiscal first-quarter 2024 results. The companyâs adjusted revenue increased 26% year-on-year to $580.648 million, beating the consensus of $555.997 million. The results led to a reversal in the companyâs stock gains.
MicroStrategy Incorporated (NASDAQ:MSTR)
MicroStrategyâs stock rose slightly by 0.83% to close at $1,292.97. The company reported its first-quarter financial results after the bell Monday, revealing that it now holds 214,400 Bitcoins (CRYPTO: BTC). The results showed a year-over-year decrease of 5.51% in quarterly sales, missing the analyst consensus estimate.
Tesla, Inc. (NASDAQ:TSLA)
Teslaâs shares soared by 15.31% to $194.05 following the companyâs achievement in passing a significant milestone for its full self-driving (FSD) technology in China. The news sparked a dramatic rally in Teslaâs share price.
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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 donât even have a winning percentage of 27% buying options. He has an 83% win rate. Hereâs how he does it.
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