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.
- Opiant Pharmaceuticals Inc (NASDAQ:OPNT) shares tumbled 23.4 percent to $37.90.
- Advaxis, Inc. (NASDAQ:ADXS) shares fell 18.4 percent to $5.57. Advaxis reported a Q3 loss of $32.6 million.
- Health Insurance Innovations Inc (NASDAQ:HIIQ) shares declined 18.1 percent to $19.13 after dropping 21.91 percent on Monday.
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- Intercept Pharmaceuticals Inc (NASDAQ:ICPT) shares declined 15.2 percent to $96.29.
- JMU Ltd- ADR (NASDAQ:JMU) shares fell 9 percent to $1.82
- BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) dropped 8.4 percent to $5.27 as the company reported a $80 million offering of common stock.
- Limoneira Company (NASDAQ:LMNR) declined 7.7 percent to $22.50. Limoneira reported Q3 earnings of $0.52 per share on revenue of $40.4 million. The company projects full-year earnings of $0.51 to $0.55 per share, versus analysts’ estimates of $0.55 per share.
- Bunge Ltd (NYSE:BG) dropped 5.7 percent to $71.37 as the company announced plans to acquire 70 percent ownership interest in IOI Loders Croklaan for $946 million. Baird initiated coverage on Bunge with a Neutral rating and a $77.00 price target.
- Brookfield Infrastructure Partners L.P. (NYSE:BIP) shares fell 5.2 percent to $41.57. Brookfield Infrastructure priced 16.628 million share offering at $42.10 per unit.
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.
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