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.
The FDA has approved Pfizer Inc's (NYSE: PFE) supplemental application seeking approval for Lorbrena (lorlatinib), expanding the indication to include first-line treatment of people with anaplastic lymphoma kinase (ALK)-positive non-small cell lung cancer (NSCLC).
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!
- The FDA action also converts 2018 accelerated approval to full approval.
- In 2018 Lorbrena was approved for patients with ALK-positive metastatic NSCLC whose disease has progressed on crizotinib and at least one other ALK inhibitor; or whose disease has progressed on alectinib or ceritinib as the first ALK inhibitor therapy.
- The approval is based on the CROWN trial, which showed a 72% reduction in risk of progression or death for treatment with Lorbrena vs. Xalkori, recognized as the first-line standard of care for patients with ALK-positive advanced NSCLC.
- Price Action: PFE shares are down 0.4% at $34.25 in premarket trading on the last check Thursday.
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.