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
- Astronics Corporation (NASDAQ:ATRO) shares are up 7 percent after reporting fourth quarter bookings came in at $229 million. The company sees FY18 sales of $745 million-$815 million.
- Foundation Medicine Inc (NASDAQ:FMI) shares are up 4 percent. Earlier in the week, the company announced preliminary fourth quarter and FY18 results that came ahead of sales estimates.
- Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) shares are up 3 percent. No news was immediately available.
- FTE Networks Inc (NYSE:FTNW) shares are up 3 percent. No news was immediately available.
Losers
- Checkpoint Therapeutics Inc (NASDAQ:CKPT) shares are down 8 percent, slightly reversing the 21 percent gain the company saw in the regular session.
- Jamba, Inc. (NASDAQ:JMBA) shares are down 7 percent, reversing gains the stock saw in the regular trading session.
- EXACT Sciences Corporation (NASDAQ:EXAS) shares are down 6 percent. Earlier in the week, the company released strong preliminary fourth quarter and FY17 guidance.
- Advanced Micro Devices (NASDAQ:AMD) fell about 3 percent after an interview with CEO Dr. Lisa Su was published by Yahoo Finance that said the "company is quickly working to resolve and address a recently-discovered security flaw that affects AMD computer chips." Su had previously noted the Spectre flaw's impact earlier this week.
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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