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
- RBC Capital upgraded International Paper Company (NYSE:IP) from Sector Perform to Outperform. International Paper shares fell 0.14 percent to close at $57.19 on Tuesday.
- Barclays upgraded G-III Apparel Group, Ltd. (NASDAQ:GIII) from Underweight to Equal-Weight. G-III Apparel shares rose 1.62 percent to $48.30 in pre-market trading.
- Analysts at SunTrust Robinson Humphrey upgraded The Manitowoc Company, Inc. (NYSE:MTW) from Hold to Buy. Manitowoc shares fell 3.45 percent to close at $23.76 on Monday.
- Wells Fargo upgraded MEI Pharma, Inc. (NASDAQ:MEIP) from Market Perform to Outperform. MEI Pharma shares rose 8.43 percent to $4.50 in pre-market trading.
- Barclays upgraded Valeant Pharmaceuticals International, Inc. (NYSE:VRX) from Equal-Weight to Overweight. Valeant shares rose 1.95 percent to $24.05 in pre-market trading.
- Morgan Stanley upgraded Ameren Corporation (NYSE:AEE) from Underweight to Equal-Weight. Ameren shares fell 0.98 percent to close at $57.41 on Friday.
- Piper Jaffray upgraded Floor & Decor Holdings, Inc. (NYSE:FND) from Neutral to Overweight. Floor & Decor shares fell 0.87 percent to close at $48.80 on Friday.
- Goldman Sachs upgraded Cigna Corporation (NYSE:CI) from Neutral to Buy. CSS Industries shares rose 2.99 percent to $176.00 in pre-market trading.
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Top Downgrades
- KeyBanc downgraded Yelp Inc. (NYSE:YELP) from Overweight to Sector Weight. Yelp shares fell 2.58 percent to $42.97 in pre-market trading.
- Atlantic Equities downgraded Macy's, Inc. (NYSE:M) from Overweight to Neutral. Macy's shares fell 0.62 percent to $39.80 in pre-market trading.
- Oppenheimer downgraded Ambarella, Inc. (NASDAQ:AMBA) from Outperform to Perform. Ambarella shares fell 11.56 percent to $43.68 in pre-market trading.
- Stifel Nicolaus downgraded DCP Midstream, LP (NYSE:DCP) from Buy to Hold. DCP Midstream shares fell 0.84 percent to close at $41.10 on Tuesday.
- Barclays downgraded Perrigo Company plc (NYSE:PRGO) from Overweight to Equal-Weight. Perrigo shares fell 0.46 percent to $73.68 in pre-market trading.
- Atlantic Equities downgraded Kohl's Corporation (NYSE:KSS) from Neutral to Underweight. Kohl's shares rose 0.23 percent to $75.10 in pre-market trading.
- JMP Securities downgraded First Solar, Inc. (NASDAQ:FSLR) from Market Outperform to Market Underperform. First Solar shares fell 2.16 percent to $56.98 in pre-market trading.
Top Initiations
- Ladenburg Thalmann initiated coverage on Marinus Pharmaceuticals, Inc. (NASDAQ:MRNS) with a Buy rating. The price target for Marinus Pharmaceuticals is set to $20. Marinus Pharmaceuticals shares closed at $6.74 on Tuesday.
- B. Riley FBR initiated coverage on Alkermes plc (NASDAQ:ALKS) with a Buy rating. The price target for Alkermes is set to $60. Alkermes shares closed at $46.39 on Tuesday.
- Analysts at Ladenburg Thalmann initiated coverage on Sage Therapeutics, Inc. (NASDAQ:SAGE) with a Buy rating. The price target for Sage Therapeutics is set to $230. Sage Therapeutics shares closed at $154.09 on Tuesday.
- Keefe Bruyette & Woods initiated coverage on Origin Bancorp, Inc. (NASDAQ:OBNK) with a Market Perform rating. The price target for Origin Bancorp is set to $42. Origin Bancorp shares closed at $38.62 on Tuesday.
- Analysts at Roth Capital initiated coverage on Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA) with a Buy rating. The price target for Enanta Pharmaceuticals is set to $133. Enanta Pharmaceuticals shares closed at $97.93 on Tuesday.
- William Blair initiated coverage on Floor & Decor Holdings, Inc. (NYSE:FND) with an Outperform rating. Floor & Decor shares closed at $48.80 on Tuesday.
- Analysts at B. Riley FBR initiated coverage on Tonix Pharmaceuticals Holding Corp. (NASDAQ:TNXP) with a Buy rating. The price target for Tonix Pharmaceuticals is set to $8. Tonix Pharmaceuticals closed at $3.48 on Tuesday.
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.