27% profits every 20 days?
This is what Nic Chahine averages with his options 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
- Morgan Stanley upgraded Chesapeake Energy Corporation (NYSE:CHK) from Equal-Weight to Overweight. Chesapeake Energy shares rose 3.2% to $1.94 in pre-market trading.
- Oppenheimer upgraded AutoZone, Inc. (NYSE:AZO) from Perform to Outperform. AutoZone fell 0.2% to close at $1,084.08 on Thursday.
- Analysts at Goldman Sachs upgraded Procter & Gamble Co (NYSE:PG) from Neutral to Buy. Procter & Gamble rose 1.4% to $111.35 in pre-market trading.
- Raymond James upgraded KB Home (NYSE:KBH) from Underperform to Market Perform. KB Home shares rose 0.1% to $25.40 in pre-market trading.
- Needham upgraded Smart Global Holdings Inc (NASDAQ:SGH) from Hold to Buy. SMART Global fell 5.1% to $20.43 in pre-market trading.
- Analysts at Janney Capital upgraded Avid Bioservices Inc (NASDAQ:CDMO) from Neutral to Buy. Avid Bioservices shares rose 16.3% to $4.65 in pre-market trading.
- RBC Capital upgraded Office Properties Income Trust (NASDAQ:OPI) from Underperform to Sector Perform. Office Props IT shares rose 3.1% to close at $25.16 on Thursday.
- Goldman Sachs upgraded Burberry Group plc (OTC:BURBY) from Sell to Neutral. Burberry shares rose 1.9% to close at $22.76 on Thursday.
- National Bank Financial upgraded Yamana Gold Inc. (NYSE:AUY) from Sector Perform to Outperform. Yamana Gold rose 2.4% to $2.53 in pre-market trading.
Top Downgrades
- Piper Jaffray downgraded Biogen Inc (NASDAQ:BIIB) from Overweight to Neutral. Biogen shares fell 1.5% to $236.10 in pre-market trading.
- Cantor Fitzgerald downgraded Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) from Overweight to Neutral. Arrowhead Pharmaceuticals shares fell 2% to $28.25 in pre-market trading.
- Stephens & Co. downgraded Darden Restaurants, Inc. (NYSE:DRI) from Overweight to Equal-Weight. Darden Restaurants shares rose 0.2% to $121.75 in pre-market trading.
- Citigroup downgraded Live Nation Entertainment, Inc. (NYSE:LYV) from Neutral to Sell. Live Nation Entertainment fell 0.1% to $66.91 in pre-market trading.
- Janney Capital downgraded Unitil Corporation (NYSE:UTL) from Buy to Neutral. Unitil shares fell 0.4% to close at $59.79 on Thursday.
- JP Morgan downgraded Sogou Inc (NYSE:SOGO) from Neutral to Underweight. Sogou shares fell 3.5% to $4.12 in pre-market trading.
- H.C. Wainwright downgraded Hydrogenics Corporation (NASDAQ:HYGS) from Buy to Neutral. Hydrogenics shares fell 3.2% to $15.00 in pre-market trading.
- Stephens & Co. downgraded Wingstop Inc (NASDAQ:WING) from Overweight to Equal-Weight. Wingstop shares fell 1.8% to $93.00 in pre-market trading.
- Needham downgraded Inogen Inc (NASDAQ:INGN) from Strong Buy to Buy. Inogen shares rose 1.8% to close at $65.49 on Thursday.
- Northcoast Research downgraded CarMax, Inc (NYSE:KMX) from Buy to Neutral. CarMax shares fell 0.4% to $86.50 in pre-market trading.
Top Initiations
- Canaccord Genuity initiated coverage on Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) with a Buy rating. The price target for Aerojet Rocketdyne is set to $50. Aerojet Rocketdyne closed at $43.18 on Thursday.
- Analysts at Deutsche Bank initiated coverage on BJ's Restaurants, Inc. (NASDAQ:BJRI) with a Buy rating. The price target for BJ's Restaurants is set to $51. BJ's Restaurants closed at $43.00 on Thursday.
- Analysts at Cantor Fitzgerald initiated coverage on StoneCo Ltd (NASDAQ:STNE) with an Overweight rating. The price target for StoneCo is set to $33. StoneCo shares closed at $28.80 on Thursday.
- Nomura initiated coverage on Rapid7 Inc (NASDAQ:RPD) with a Buy rating. The price target for Rapid7 is set to $70. Rapid7 shares closed at $55.79 on Thursday.
- Evercore ISI Group initiated coverage on Plantronics Inc (NYSE:PLT) with an Outperform rating. The price target for Plantronics is set to $50. Plantronics shares closed at $36.17 on Thursday.
- Oppenheimer initiated coverage on Novocure Ltd (NASDAQ:NVCR) with an Outperform rating. The price target for Novocure is set to $75. Novocure shares closed at $60.85 on Thursday.
- Analysts at Deutsche Bank initiated coverage on Texas Roadhouse Inc (NASDAQ:TXRH) with a Hold rating. The price target for Texas Roadhouse is set to $56. Texas Roadhouse shares closed at $54.42 on Thursday.
- Analysts at MKM Partners initiated coverage on Diamondback Energy Inc (NASDAQ:FANG) with a Buy rating. Diamondback Energy shares closed at $107.49 on Thursday.
- Wells Fargo initiated coverage on Evolus Inc (NASDAQ:EOLS) with a Market Perform rating. The price target for Evolus is set to $16. Evolus closed at $14.37 on Thursday.
- Guggenheim initiated coverage on Alteryx Inc (NYSE:AYX) with a Buy rating. Alteryx shares closed at $107.53 on Thursday.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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