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.
Gainers
- Ra Pharmaceuticals, Inc. (NASDAQ:RARX) shares rose 107.4% to $47.06 in pre-market trading after UCB agreed to acquire Ra Pharmaceuticals for $48 per share in cash.
- Bed Bath & Beyond Inc. (NASDAQ:BBBY) rose 21.5% to $12.08 in pre-market trading after the company announced Mark Tritton will succeed Mary Winston as CEO. He was also named President. Telsey Advisory Group upgraded Bed Bath & Beyond from Market Perform to Outperform and raised the price target from $14 to $16.
- Pure Storage, Inc. (NYSE:PSTG) shares rose 6.1% to $17.35 in pre-market trading. Goldman Sachs upgraded Pure Storage from Neutral to Buy and raised the price target from $18 to $21.
- Navios Maritime Acquisition Corporation (NYSE:NNA) rose 5.1% to $9.81 in pre-market trading after gaining 5.66% on Wednesday.
- GoPro, Inc. (NASDAQ:GPRO) rose 4.2% to $3.65 in pre-market trading.
- Qorvo, Inc. (NASDAQ:QRVO) rose 3% to $75.43 in pre-market trading. Cowen & Co. upgraded Qorvo from Market Perform to Outperform.
- Skyworks Solutions, Inc. (NASDAQ:SWKS) rose 2.7% to $82.89 in pre-market trading. Cowen & Co. upgraded Skyworks Solutions from Market Perform to Outperform.
- ArcelorMittal (NYSE:MT) shares rose 2.7% to $13.44 in pre-market trading.
- Match Group, Inc. (NASDAQ:MTCH) rose 2.5% to $77.89 in pre-market trading. Oppenheimer upgraded Match Group from Perform to Outperform.
- Freeport-McMoRan Inc. (NYSE:FCX) rose 2.4% to $8.75 in pre-market trading. UBS upgraded Freeport-McMoRan from Neutral to Buy.
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Check out these big penny stock gainers and losers
Losers
- PG&E Corporation (NYSE:PCG) shares fell 32.6% to $7.40 after the company issued updates on public safety power shutoff. Also, a federal bankruptcy judge ruled the company longer has the sole right to shape the terms of its reorganization.
- HEXO Corp. (NYSE:HEXO) shares fell 10.3% to $3.30 in pre-market trading. • HEXO reported preliminary Q4 net sales of $14.5 million to $16.5 million and FY19 sales of $46.5 million to $48.5 million.
- Koninklijke Philips N.V. (NYSE:PHG) fell 8.2% to $41.95 in pre-market trading. Royal Philips said it expects group sales for Q3 of €4.7 billion and adjusted EBITDA of €583 million.
- Sogou Inc. (NYSE:SOGO) fell 6.4% to $5.00 in the pre-market trading session.
- NetApp, Inc. (NASDAQ:NTAP) fell 4.2% to $49.25 in pre-market trading. Goldman Sachs downgraded NetApp from Buy to Sell and lowered the price target from $61 to $45.
- Vipshop Holdings Limited (NYSE:VIPS) fell 3.1% to $8.40 in pre-market trading.
- HP Inc. (NYSE:HPQ) shares fell 2.9% to $15.93 in pre-market trading after Goldman Sachs downgraded the company's stock from Neutral to Sell and lowered the price target from $18 to $14.
- Coupa Software Incorporated (NASDAQ:COUP) shares fell 2.4% to $146.50 in pre-market trading.
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.