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.
Biocept Inc (NASDAQ:BIOC) shares were ripping higher Friday following the announcement of a provider agreement with Alliance Global.
The stock was rallying 58.32 percent to $10.31 at the time of publication.
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!
What Happened
Biocept, a provider of liquid biopsy tests, said it has signed a provider agreement with Alliance Global to market its Target Selector liquid biopsy tests in the United Arab Emirates and select countries in the Middle East; north and sub-Saharan Africa; and Southeast Asia region.
The Target Selector liquid biopsy technology platform analyzes tumor-associated molecular markers in both circulating tumor cells and in plasma, according to Biocept.
Why It's Important
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
With this distribution and marketing agreement, Biocept now has a foothold in 16 countries in addition to the U.S. through eight international agreements.
"We are enthusiastic about the opportunities with a capable partner in this important region, and given our strong global intellectual property position, we will continue to be opportunistic in seeking to develop the market for our liquid biopsy solutions internationally," Biocept President and CEO Michael Nall said in a statement.
What's Next
All diagnostic testing services under the agreement will be performed in Biocept's San-Diego-based, CLIA-certified lab, the company said. Alliance will assume responsibility for sales, marketing, distribution and reimbursement.
Related Links:
A Look At Biotech In 2018 And The Biggest Catalysts Coming Up In The Second Half Of The Year
Benzinga's Daily Biotech Pulse: Amgen Resubmits Osteoporosis Drug BLA, Auris Medical Prices Offering
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.