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
- JP Morgan upgraded OneMain Holdings Inc (NYSE:OMF) from Neutral to Overweight. OneMain rose 0.3% to $34.03 in pre-market trading.
- Bank of America upgraded Laboratory Corp. of America Holdings (NYSE:LH) from Underperform to Neutral. Laboratory Corp fell 0.5% to close at $174.60 on Monday.
- Barclays upgraded Wheaton Precious Metals Corp (NYSE:WPM) from Equal-Weight to Overweight. Wheaton Precious Metals shares rose 1.2% to $24.45 in pre-market trading.
- Goldman Sachs upgraded Timken Co (NYSE:TKR) from Neutral to Buy. Timken shares fell 1.4% to close at $47.70 on Monday.
- Analysts at Barclays upgraded Freeport-McMoRan Inc (NYSE:FCX) from Underweight to Equal-Weight. Freeport-McMoRan shares rose 1% to $11.25 in pre-market trading.
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Top Downgrades
- Rosenblatt downgraded Acacia Communications, Inc. (NASDAQ:ACIA) from Buy to Neutral. Acacia Communications fell 0.3% to $64.38 in pre-market trading.
- B. Riley downgraded Adamis Pharmaceuticals Corp (NASDAQ:ADMP) from Neutral to Sell. Adamis Pharmaceuticals shares fell 11.6% to $1.29 in pre-market trading.
- Wedbush downgraded Wingstop Inc (NASDAQ:WING) from Outperform to Neutral. Wingstop shares rose 0.1% to close at $97.29 on Monday.
- Bernstein downgraded Allergan plc (NYSE:AGN) from Outperform to Market Perform. Allergan shares rose 0.1% to close at $166.08 on Monday.
- Evercore ISI Group downgraded AFLAC Incorporated (NYSE:AFL) from In-Line to Underperform. Aflac shares fell 0.6% to close at $56.57 on Monday.
- Bank of America downgraded Agilent Technologies Inc (NYSE:A) from Buy to Neutral. Agilent shares fell 1.6% to $69.44 in pre-market trading.
- Goldman Sachs downgraded Parker-Hannifin Corp (NYSE:PH) from Neutral to Sell. Parker Hannifin shares fell 1.2% to close at $84.69 on Monday.
- Needham downgraded Thermo Fisher Scientific Inc. (NYSE:TMO) from Strong Buy to Buy. Thermo Fisher Scientific shares fell 0.7% to close at $288.83 on Monday.
- Morgan Stanley downgraded FactSet Research Systems Inc. (NYSE:FDS) from Equal-Weight to Underweight. FactSet Research shares fell 0.7% to close at $294.32 on Monday.
- SunTrust Robinson Humphrey downgraded Hilton Hotels Corporation (NYSE:HLT) from Buy to Hold. Hilton shares fell 0.3% to close at $99.20 on Monday.
Top Initiations
- Morgan Stanley initiated coverage on Slack Technologies Inc (NYSE:WORK) with an Equal-Weight rating. The price target for Slack is set to $38. Slack shares closed at $34.75 on Monday.
- H.C. Wainwright initiated coverage on Bio-Path Holdings Inc (NASDAQ:BPTH) with a Buy rating. The price target for Bio-Path is set to $28. Bio-Path shares closed at $12.90 on Monday.
- Analysts at Oppenheimer initiated coverage on Viking Therapeutics Inc (NASDAQ:VKTX) with an Outperform rating. The price target for Viking Therapeutics is set to $12. Viking Therapeutics shares closed at $8.24 on Monday.
- Analysts at Goldman Sachs initiated coverage on Fiat Chrysler Automobiles NV (NYSE:FCAU) with a Sell rating. Fiat Chrysler shares closed at $14.18 on Monday.
- Macquarie initiated coverage on Tenable Holdings Inc (NASDAQ:TENB) with a Neutral rating. Tenable shares closed at $30.50 on Monday.
- Analysts at Piper Jaffray initiated coverage on Eagle Bancorp, Inc. (NASDAQ:EGBN) with an Overweight rating. The price target for Eagle Bancorp is set to $63. Eagle Bancorp shares closed at $53.89 on Monday.
- Analysts at Oppenheimer initiated coverage on Millendo Therapeutics Inc (NASDAQ:MLND) with an Outperform rating. The price target for Millendo Therapeutics is set to $26. Millendo Therapeutics shares closed at $10.77 on Monday.
- Piper Jaffray initiated coverage on TowneBank (NASDAQ:TOWN) with a Neutral rating. The price target for TowneBank is set to $27. TowneBank shares closed at $26.86 on Monday.
- National Securities initiated coverage on Identiv Inc (NASDAQ:INVE) with a Buy rating. The price target for Identiv is set to $8. Identiv closed at $4.82 on Monday.
- KeyBanc initiated coverage on AppFolio Inc (NASDAQ:APPF) with a Sector Weight rating. AppFolio shares closed at $106.10 on Monday.
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.