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
- Deutsche Bank upgraded Tribune Media Company (NYSE:TRCO) from Hold to Buy. Tribune Media shares rose 3.52 percent to close at $36.15 on Friday.
- Mizuho upgraded FirstEnergy Corp. (NYSE:FE) from Neutral to Buy. FirstEnergy shares gained 1.76 percent to close at $34.11 on Friday.
- Pivotal Research upgraded Balchem Corporation (NASDAQ:BCPC) from Sell to Hold. Balchem shares rose 4.40 percent to close at $92.83 on Friday.
- Analysts at BMO Capital upgraded Adtalem Global Education Inc. (NYSE:ATGE) from Market Perform to Outperform. Adtalem Global Education shares fell 5.38 percent to close at $44.85 on Friday.
- Keefe Bruyette & Woods upgraded PennyMac Financial Services, Inc. (NYSE:PFSI) from Market Perform to Outperform. PennyMac Financial
- shares declined 6 percent to close at $19.60 on Friday.
- KeyBanc upgraded Silgan Holdings Inc. (NASDAQ:SLGN) from Underweight to Sector Weight. Silgan shares rose 2.14 percent to close at $27.20 on Friday.
- Barclays upgraded Illumina, Inc. (NASDAQ:ILMN) from Equal-Weight to Overweight. Illumina shares rose 1.71 percent to $249.00 in pre-market trading.
- RBC Capital upgraded PotlatchDeltic Corporation (NASDAQ:PCH) from Sector Perform to Outperform. PotlatchDeltic shares fell 5.43 percent to close at $48.75 on Wednesday.
- Deutsche Bank upgraded Luminex Corporation (NASDAQ:LMNX) from Sell to Hold. Luminex shares fell 0.47 percent to close at $21.40 on Friday.
- UBS upgraded Discover Financial Services (NYSE:DFS) from Sell to Neutral. Marathon Petroleum shares rose 1.82 percent to close at $70.87 on Friday.
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Top Downgrades
- Wedbush downgraded FirstCash, Inc. (NYSE:FCFS) from Outperform to Neutral. FirstCash shares fell 1.43 percent to $89.55 in pre-market trading.
- Citigroup downgraded Buckeye Partners, L.P . (NYSE:BPL) from Buy to Neutral. Buckeye Partners shares rose 0.72 percent to $39.01 in pre-market trading.
- Drexel Hamilton downgraded FLIR Systems, Inc. (NASDAQ:FLIR) from Buy to Hold. FLIR Systems shares rose 1.56 percent to close at $54.52 on Thursday.
- RBC Capital downgraded Celgene Corporation (NASDAQ:CELG) from Top Pick to Outperform. Celgene shares rose 0.10 percent to $86.98 in pre-market trading.
- Keefe Bruyette & Woods downgraded MTGE Investment Corp. (NASDAQ:MTGE) from Outperform to Market Perform. MTGE Investment shares rose 0.51 percent to close at $19.60 on Wednesday.
- Barclays downgraded Eaton Corporation plc (NYSE:ETN) from Equal-Weight to Underweight. Eaton shares gained 2.46 percent to close at $74.87 on Wednesday.
- Analysts at Mizuho downgraded ALLETE, Inc. (NYSE:ALE) from Buy to Neutral. ALLETE shares rose 1.05 percent to close at $79.62 on Wednesday.
- Buckingham downgraded Sirius XM Holdings Inc. (NASDAQ:SIRI) from Buy to Neutral. Neutral. Sirius XM shares rose 0.30 percent to $ 6.69 in pre-market trading .
Top Initiations
- Analysts at Canaccord Genuity initiated coverage on Zuora, Inc. (NYSE:ZUO) with a Hold rating. The price target for Zuora is set to $20. Zuora shares closed at $19.55 on Friday.
- Analysts at H.C. Wainwright assumed coverage on SCYNEXIS, Inc. (NASDAQ:SCYX) with a Buy rating. The price target for SCYNEXIS is set to $5. SCYNEXIS shares closed at $1.17 on Friday.
- Jefferies initiated coverage on Zuora, Inc. (NYSE:ZUO) with a Buy rating. The price target for Zuora is set to $24. Zuora shares closed at $19.55 on Friday.
- Craig-Hallum initiated coverage on Cloudera, Inc. (NYSE:CLDR) with a Buy rating. The price target for Cloudera is set to $20. Cloudera shares closed at $15.04 on Friday.
- Morgan Stanley initiated coverage on Zuora, Inc. (NYSE:ZUO) with an Equal-Weight rating. The price target for Zuora is set to $19. Zuora shares closed at $19.55 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.