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.
Top Upgrades
- Citigroup upgraded Caterpillar Inc. (NYSE:CAT) from Neutral to Buy. Caterpillar shares rose 1.30 percent to $155.24 in pre-market trading.
- Analysts at Deutsche Bank upgraded Under Armour, Inc. (NYSE:UAA) from Sell to Hold. Under Armour shares rose 2.30 percent to $16.47 in pre-market trading.
- Susquehanna upgraded MGM Resorts International (NYSE:MGM) from Neutral to Positive. MGM shares rose 1.02 percent to $35.80 in pre-market trading.
- Raymond James upgraded Exxon Mobil Corporation (NYSE:XOM) from Underperform to Market Perform. Exxon Mobil shares rose 0.15 percent to $79.12 in pre-market trading.
- Credit Suisse upgraded Insmed Incorporated (NASDAQ:INSM) from Neutral to Outperform. Insmed shares rose 3.95 percent to $24.45 in pre-market trading.
- Stifel Nicolaus upgraded Hanesbrands Inc. (NYSE:HBI) from Hold to Buy. Hanesbrands shares rose 2.27 percent to $17.60 in pre-market trading.
- Goldman Sachs upgraded Merck & Co., Inc. (NYSE:MRK) from Neutral to Buy. Merck shares rose 2.24 percent to $60.15 in pre-market trading.
- Barclays upgraded Verizon Communications Inc. (NYSE:VZ) from Equal-Weight to Overweight. Verizon shares gained 0.84 percent to $48.30 in pre-market trading.
- BMO Capital upgraded Kansas City Southern (NYSE:KSU) from Market Perform to Outperform. Kansas City Southern shares rose 1.55 percent to close at $112.00 on Friday.
- Deutsche Bank upgraded Michael Kors Holdings Limited (NYSE:KORS) from Hold to Buy. Michael Kors shares fell 1.07 percent to close at $65.01 on Friday.
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Top Downgrades
- Needham downgraded Lululemon Athletica Inc. (NASDAQ:LULU) from Buy to Hold. Lululemon shares fell 2.39 percent to $94.01 in pre-market trading.
- Stephens & Co. downgraded SunTrust Banks, Inc. (NYSE:STI) from Overweight to Equal-Weight. SunTrust shares fell 0.15 percent to $66.74 in pre-market trading.
- Analysts at BMO Capital downgraded Restaurant Brands International Inc. (NYSE:QSR) from Outperform to Market Perform. Restaurant Brands shares fell 0.97 percent to $54.13 in pre-market trading.
- Bank of America downgraded SunPower Corporation (NASDAQ:SPWR) from Neutral to Underperform. SunPower shares fell 6.09 percent to $9.10 in pre-market trading.
- Longbow Research downgraded Arconic Inc. (NYSE:ARNC) from Buy to Neutral. Arconic shares fell 2.36 percent to $22.71 in pre-market trading.
- Raymond James downgraded Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR) from Market Perform to Underperform. Petroleo Brasileiro shares dropped 0.56 percent to close at $14.30 on Thursday.
- Imperial Capital downgraded Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) from Outperform to In-Line. Controladora Vuela shares fell 0.43 percent to $6.98 in pre-market trading.
- Chardan Capital downgraded Spark Energy, Inc. (NASDAQ:ONCE) from Buy to Neutral. Spark Therapeutics Olin shares fell 0.41 percent to close at $12.15 on Friday.
Top Initiations
- Goldman Sachs initiated coverage on Coupa Software Incorporated (NASDAQ:COUP) with a Buy rating. The price target for Coupa Software is set to $60. Coupa Software shares closed at $46.67 on Friday.
- Cowen & Co. initiated coverage on Boot Barn Holdings, Inc. (NYSE:BOOT) with an Outperform rating. The price target for Boot Barn is set to $22. Boot Barn shares closed at $18.56 on Friday.
- Analysts at Needham initiated coverage on Columbia Sportswear Company (NASDAQ:COLM) with a Buy rating. The price target for Columbia Sportswear is set to $87. Columbia Sportswear shares closed at $78.97 on Friday.
- Evercore ISI Group initiated coverage on Homology Medicines, Inc. (NASDAQ:FIXX) with an Outperform rating. The price target for Homology Medicines is set to $30. Homology Medicines shares closed at $20.40 on Friday.
- CL King initiated coverage on Stoneridge, Inc. (NYSE:SRI) with a Buy rating. The price target for Stoneridge is set to $34. Stoneridge shares closed at $28.25 on Friday.
- SunTrust Robinson Humphrey initiated coverage on Unum Therapeutics Inc. (NASDAQ:UMRX) with a Buy rating. The price target for Unum Therapeutics is set to $21. Unum Therapeutics shares closed at $11.98 on Friday.
- Analysts at Morgan Stanley initiated coverage on OneSmart International Education Group Limited (NYSE:ONE) with a Buy rating. OneSmart International Education closed at $10.73 on Friday.
- Morgan Stanley initiated coverage on Unum Therapeutics Inc. (NASDAQ:UMRX) with an Overweight rating. The price target for Unum Therapeutics is set to $20. Unum Therapeutics shares closed at $11.98 on Friday.
- Analysts at Cowen & Co. initiated coverage on Veritone, Inc. (NASDAQ:VERI) with an Outperform rating. The price target for Veritone is set to $30. Veritone shares closed at $17.05 on Friday.
- Analysts at Craig-Hallum initiated coverage on Nautilus, Inc. (NYSE:NLS) with a Buy rating. The price target for Nautilus is set to $19. Nautilus shares closed at $13.45 on Friday.
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.