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.
Upgrades
- Berenberg changed the rating for Mondelez International Inc (NASDAQ:MDLZ) from Hold to Buy. For the first quarter, Mondelez International had an EPS of $0.69, compared to year-ago quarter EPS of $0.65. The stock has a 52-week-high of $59.96 and a 52-week-low of $41.19. Mondelez International's stock last closed at $50.73 per share.
- Evercore ISI Group upgraded the stock for Public Storage (NYSE:PSA) from Underperform to In-Line. Public Storage earned $2.58 in the first quarter, compared to $2.53 in the year-ago quarter. The stock has a 52-week-high of $266.76 and a 52-week-low of $155.37. Public Storage's stock last closed at $196.34 per share.
- Loop Capital changed the rating for RH (NYSE:RH) from Hold to Buy. RH earned $1.27 in the first quarter, compared to $1.85 in the year-ago quarter. The stock has a 52-week-high of $265.87 and a 52-week-low of $73.14. RH's stock last closed at $235.97 per share.
- For Werner Enterprises Inc (NASDAQ:WERN), UBS upgraded the stock from Neutral to Buy. Werner Enterprises earned $0.40 in the first quarter, compared to $0.52 in the year-ago quarter. The stock has a 52-week-high of $46.95 and a 52-week-low of $28.71. Werner Enterprises's stock last closed at $39.87 per share.
- For Apache Corp (NASDAQ:APA), Citigroup upgraded the stock from Neutral to Buy. For the first quarter, Apache had an EPS of ($0.13), compared to year-ago quarter EPS of $0.10. The stock has a 52-week-high of $33.77 and a 52-week-low of $3.80. Apache's stock last closed at $13.77 per share.
- B. Riley FBR upgraded the stock for Six Flags Entertainment Corp (NYSE:SIX) from Neutral to Buy. Six Flags Entertainment earned ($1.00) in the first quarter, compared to ($0.82) in the year-ago quarter. The stock has a 52-week-high of $59.52 and a 52-week-low of $8.75. Six Flags Entertainment's stock last closed at $22.74 per share.
- For FormFactor Inc (NASDAQ:FORM), Stifel upgraded the stock from Hold to Buy. FormFactor earned $0.33 in the first quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $28.58 and a 52-week-low of $14.34. FormFactor's stock last closed at $25.18 per share.
- Morgan Stanley changed the rating for AmerisourceBergen Corp (NYSE:ABC) from Equal-Weight to Overweight. For the second quarter, AmerisourceBergen had an EPS of $2.40, compared to year-ago quarter EPS of $2.11. The stock has a 52-week-high of $102.99 and a 52-week-low of $72.06. AmerisourceBergen's stock last closed at $94.90 per share.
- Piper Sandler upgraded the stock for Twilio Inc (NYSE:TWLO) from Neutral to Overweight. In the first quarter, Twilio showed an EPS of $0.06, compared to $0.05 from the year-ago quarter. The stock has a 52-week-high of $209.94 and a 52-week-low of $68.06. Twilio's stock last closed at $191.82 per share.
- Piper Sandler upgraded the stock for Shopify Inc (NYSE:SHOP) from Neutral to Overweight. In the first quarter, Shopify showed an EPS of $0.19, compared to $0.09 from the year-ago quarter. The stock has a 52-week-high of $844.00 and a 52-week-low of $281.69. Shopify's stock last closed at $742.70 per share.
- For Intel Corp (NASDAQ:INTC), KeyBanc upgraded the stock from Sector Weight to Overweight. In the first quarter, Intel showed an EPS of $1.45, compared to $0.89 from the year-ago quarter. The stock has a 52-week-high of $69.29 and a 52-week-low of $43.63. Intel's stock last closed at $59.33 per share.
Downgrades
- Atlantic Equities changed the rating for Advance Auto Parts Inc (NYSE:AAP) from Neutral to Underweight. For the first quarter, Advance Auto Parts had an EPS of $0.91, compared to year-ago quarter EPS of $2.46. The stock has a 52-week-high of $171.43 and a 52-week-low of $71.33. Advance Auto Parts's stock last closed at $135.81 per share.
- For Kimco Realty Corp (NYSE:KIM), Evercore ISI Group downgraded the stock from In-Line to Underperform. Kimco Realty earned $0.37 in the first quarter, compared to $0.37 in the year-ago quarter. The stock has a 52-week-high of $21.86 and a 52-week-low of $7.45. Kimco Realty's stock last closed at $13.76 per share.
- Evercore ISI Group downgraded the stock for Macerich Co (NYSE:MAC) from In-Line to Underperform. Macerich earned $0.81 in the first quarter, compared to $0.81 in the year-ago quarter. The stock has a 52-week-high of $35.94 and a 52-week-low of $4.81. Macerich's stock last closed at $9.77 per share.
- Clarksons Platou downgraded the stock for Transocean Ltd (NYSE:RIG) from Buy to Neutral. For the first quarter, Transocean had an EPS of ($0.30), compared to year-ago quarter EPS of ($0.30). The stock has a 52-week-high of $7.28 and a 52-week-low of $0.76. Transocean's stock last closed at $2.20 per share.
- Evercore ISI Group changed the rating for Ventas Inc (NYSE:VTR) from In-Line to Underperform. For the first quarter, Ventas had an EPS of $0.97, compared to year-ago quarter EPS of $0.99. The stock has a 52-week-high of $75.40 and a 52-week-low of $13.35. Ventas's stock last closed at $39.41 per share.
Initiations
- With a rating of Buy, HC Wainwright & Co. initiated coverage on Atara Biotherapeutics Inc (NASDAQ:ATRA). The price target is set at $25.00 for Atara Biotherapeutics. In the first quarter, Atara Biotherapeutics showed an EPS of ($1.20), compared to ($1.44) from the year-ago quarter. The stock has a 52-week-high of $22.59 and a 52-week-low of $4.52. Atara Biotherapeutics's stock last closed at $9.38 per share.
- With a rating of Buy, Seaport Global initiated coverage on Edison International (NYSE:EIX). The price target is set at $70.00 for Edison Intl. Edison Intl earned $0.63 in the first quarter, compared to $0.63 in the year-ago quarter. The stock has a 52-week-high of $78.93 and a 52-week-low of $43.63. Edison Intl's stock last closed at $57.59 per share.
- With a rating of Buy, HC Wainwright & Co. initiated coverage on KalVista Pharmaceuticals Inc (NASDAQ:KALV). The price target is set at $30.00 for KalVista Pharmaceuticals. For the third quarter, KalVista Pharmaceuticals had an EPS of ($0.52), compared to year-ago quarter EPS of ($0.23). The stock has a 52-week-high of $23.23 and a 52-week-low of $5.61. KalVista Pharmaceuticals's stock last closed at $10.41 per share.
- With a rating of Buy, Seaport Global initiated coverage on Sempra Energy (NYSE:SRE). The price target is set at $142.00 for Sempra Energy. In the first quarter, Sempra Energy showed an EPS of $3.08, compared to $1.92 from the year-ago quarter. The stock has a 52-week-high of $161.87 and a 52-week-low of $88.00. Sempra Energy's stock last closed at $124.06 per share.
- With a rating of Neutral, Rosenblatt initiated coverage on Synaptics Inc (NASDAQ:SYNA). The price target is set at $66.00 for Synaptics. For the third quarter, Synaptics had an EPS of $1.49, compared to year-ago quarter EPS of $0.83. The stock has a 52-week-high of $84.75 and a 52-week-low of $27.45. Synaptics's stock last closed at $62.61 per share.
- With a rating of Equal-Weight, Morgan Stanley initiated coverage on Theravance Biopharma Inc (NASDAQ:TBPH). The price target is set at $30.00 for Theravance Biopharma. In the first quarter, Theravance Biopharma showed an EPS of ($1.14), compared to ($1.32) from the year-ago quarter. The stock has a 52-week-high of $31.54 and a 52-week-low of $15.35. Theravance Biopharma's stock last closed at $25.25 per share.
- Jefferies initiated coverage on Staar Surgical Co (NASDAQ:STAA) with a Buy rating. The price target for Staar Surgical is set at $55.00. In the first quarter, Staar Surgical showed an EPS of $0.04, compared to $0.03 from the year-ago quarter. The stock has a 52-week-high of $44.91 and a 52-week-low of $23.20. Staar Surgical's stock last closed at $42.73 per share.
- Citigroup initiated coverage on SelectQuote Inc (NYSE:SLQT) with a Buy rating. The price target for SelectQuote is set at $32.00. The stock has a 52-week-high of $29.00 and a 52-week-low of $25.28. SelectQuote's stock last closed at $27.45 per share.
- With a rating of Outperform, RBC Capital initiated coverage on SelectQuote Inc (NYSE:SLQT). The price target is set at $32.00 for SelectQuote. The stock has a 52-week-high of $29.00 and a 52-week-low of $25.28. SelectQuote's stock last closed at $27.45 per share.
- With a rating of Overweight, Atlantic Equities initiated coverage on Starbucks Corp (NASDAQ:SBUX). The price target is set at $95.00 for Starbucks. Starbucks earned $0.32 in the second quarter, compared to $0.60 in the year-ago quarter. The stock has a 52-week-high of $99.72 and a 52-week-low of $50.02. Starbucks's stock last closed at $76.38 per share.
- With a rating of Equal-Weight, Morgan Stanley initiated coverage on Packaging Corp of America (NYSE:PKG). The price target is set at $93.00 for Packaging Corp of America. Packaging Corp of America earned $1.50 in the first quarter, compared to $1.98 in the year-ago quarter. The stock has a 52-week-high of $114.78 and a 52-week-low of $71.05. Packaging Corp of America's stock last closed at $98.95 per share.
- Morgan Stanley initiated coverage on International Paper Co (NYSE:IP) with an Underweight rating. In the first quarter, International Paper showed an EPS of $0.57, compared to $1.11 from the year-ago quarter. The stock has a 52-week-high of $47.64 and a 52-week-low of $26.38. International Paper's stock last closed at $34.92 per share.
- Jefferies initiated coverage on Glaukos Corp (NYSE:GKOS) with a Hold rating. The price target for Glaukos is set at $44.00. Glaukos earned ($0.44) in the first quarter, compared to ($0.04) in the year-ago quarter. The stock has a 52-week-high of $84.65 and a 52-week-low of $23.31. Glaukos's stock last closed at $38.65 per share.
- Morgan Stanley initiated coverage on EPAM Systems Inc (NYSE:EPAM) with a Equal-Weight rating. The price target for EPAM Systems is set at $246.00. In the first quarter, EPAM Systems showed an EPS of $1.43, compared to $1.25 from the year-ago quarter. The stock has a 52-week-high of $248.27 and a 52-week-low of $151.97. EPAM Systems's stock last closed at $235.24 per share.
- Needham initiated coverage on MKS Instruments Inc (NASDAQ:MKSI) with a Buy rating. The price target for MKS Instruments is set at $125.00. MKS Instruments earned $1.54 in the first quarter, compared to $1.12 in the year-ago quarter. The stock has a 52-week-high of $122.30 and a 52-week-low of $66.87. MKS Instruments's stock last closed at $104.00 per share.
- Jefferies initiated coverage on SelectQuote Inc (NYSE:SLQT) with a Hold rating. The price target for SelectQuote is set at $29.00. The stock has a 52-week-high of $29.00 and a 52-week-low of $25.28. SelectQuote's stock last closed at $27.45 per share.
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.
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!