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
- Syndax Pharmaceuticals Inc (NASDAQ:SNDX) shares are up 9 percent. No news was immediately available.
- Quotient Ltd (NASDAQ:QTNT) shares rose 10 percent following a strong Q3 earnings beat.
- Tiptree Inc (NASDAQ:TIPT) shares are up 7 percent, reversing an 8 percent loss the stock saw in the regular session.
- Akcea Therapeutics Inc (NASDAQ:AKCA) shares are up 6 percent, reversing the 7 percent loss shares saw in the regular session.
- Micron (NASDAQ:MU) rose more than 3 percent following a raised Q2 outlook.
- Oclaro Inc (NASDAQ:OCLR) rose 2 percent following a Q2 earnings beat.
Losers
- Cirrus Logic, Inc. (NASDAQ:CRUS) shares are down 11 percent following a third quarter earnings miss and weak FY18 sales guidance. Adjusted EPS came in at $1.59, missing estimates by 19 cents. Sales also fell short of estimates, coming in at $483 million, missing estimates by $46 million. The company announced a $200 million buyback plan.
- Hudson Technologies, Inc. (NASDAQ:HDSN) shares are down 4 percent.
- Lululemon athletica inc. (NASDAQ:LULU) shares are down 3 percent after CEO Laurent Potdevin announced his resignation. Potdevin affirmed the company is on track to reach its $4 billion in revenue by 2020 target.
- Newmark Group Inc (NASDAQ:NMRK) shares are down 3 percent.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!