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.
Gainers
- Sorl Auto Parts, Inc. (NASDAQ:SORL) rose 36.9 percent to $8.20 in pre-market trading after the company reported strong results for its third quarter and raised its FY17 outlook. The company reported Q3 EPS of 44 cents, up from 17 cents in the same quarter of last year. The company reported sales of $101.33 million, up from $63.7 million in the same quarter of last year.
- Bonanza Creek Energy, Inc. (NYSE:BCEI) rose 12.2 percent to $34.40 following confirmation of a deal to purchase the company by SandRidge Energy, Inc. (NYSE:SD), valued at $36 per share in cash and stock.
- CarGurus Inc (NASDAQ:CARG) shares rose 11.7 percent to $33.30 in pre-market trading after reporting a third-quarter earnings and sales beat.
- Sangamo Therapeutics Inc (NASDAQ:SGMO) rose 5.8 percent to $13.65 in pre-market trading after the company disclosed that first patient has been treated in landmark Phase 1/2 clinical trial evaluating in vivo genome editing for MPS II.
- 22nd Century Group Inc (NASDAQ:XXII) shares rose 5.5 percent to $2.30 in pre-market trading after gaining 1.40 percent on Tuesday.
- YY Inc (ADR) (NASDAQ:YY) shares rose 4.6 percent to $93.33 in pre-market trading after beating top and bottom-line Q3 estimates. Jefferies upgraded YY from Hold to Buy.
- SunPower Corporation (NASDAQ:SPWR) shares rose 4.6 percent to $8.74 in the pre-market trading session after declining 3.58 percent on Tuesday.
- Childrens Place Inc (NASDAQ:PLCE) rose 3.6 percent to $118.00 in pre-market trading after the company posted upbeat Q3 results and raised FY17 earnings outlook.
- Dicks Sporting Goods Inc (NYSE:DKS) rose 2.9 percent to $26.33 in pre-market trading. JPMorgan upgraded Dicks Sporting from Neutral to Overweight.
- Square Inc (NYSE:SQ) rose 2.1 percent to $40.56 following a Techcrunch article "Square Cash is letting some users buy and sell Bitcoin."
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Losers
- Acorda Therapeutics Inc (NASDAQ:ACOR) fell 38.3 percent to $17.40 following concerning news out of its tozadenant development program.
- MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) shares fell 9.9 percent to $33.00 in pre-market trading following Q4 results. MACOM Technology posted quarterly adjusted earnings of $0.46 per diluted share on revenue of $166.4 million.
- Semiconductor Manufacturing Int'l (ADR) (NYSE:SMI) fell 7.2 percent to $7.33 in pre-market trading after dropping 12.85 percent on Tuesday.
- Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) fell 6.3 percent to $4.62 in pre-market trading after rising 1.44 percent on Tuesday.
- BRF SA (ADR) (NYSE:BRFS) fell 6.3 percent to $11.89 in pre-market trading.
- China Recycling Energy Corp. (NASDAQ:CREG) shares fell 5.7 percent to $3.64 after dropping 27.99 percent on Tuesday.
- Tyson Foods, Inc. (NYSE:TSN) fell 5.4 percent to $72 in pre-market trading after rising 0.62 percent on Tuesday.
- Ellington Financial LLC (NYSE:EFC) shares fell 5.3 percent to $14.50 in pre-market trading.
- Sally Beauty Holdings, Inc. (NYSE:SBH) fell 4.7 percent to $14.93 in pre-market trading after the company reported weaker-than-expected Q4 results and announced plans to restructure international operations.
- Presidio Inc (NASDAQ:PSDO) fell 4.4 percent to $15.50 in pre-market trading after announcing an 8-million share offering of common stock.
- Roku Inc (NASDAQ:ROKU) fell 4.2 percent to $35.40 in pre-market trading after dropping 13.49 percent on Tuesday.
- Diana Containerships Inc (NASDAQ:DCIX) fell 3.8 percent to $6.68 in pre-market trading after dropping 10.91 percent on Tuesday.
- Target Corporation (NYSE:TGT) fell 3.5 percent to $58.00 in the pre-market trading session, despite reporting better-than-expected Q3 results.
- SAGE Therapeutics Inc (NASDAQ:SAGE) fell 3.4 percent to $85.25 in pre-market trading. Sage Therapeutics priced its 3.5 million share public offering of common stock at $85 per share.
- OM Asset Management PLC (NYSE:OMAM) shares fell 2.9 percent to $15.50 in pre-market trading after announcing a secondary offering of 6.03 million shares.
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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