Aldeyra Secures US Orphan Drug Tag For Its Retinitis Pigmentosa Candidate


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 granted orphan drug designation to Aldeyra Therapeutics Inc's (NASDAQ:ALDX) ADX-2191 to treat retinitis pigmentosa (RP).
  • ADX-2191 is a methotrexate for intravitreal injection.
  • Methotrexate inhibits dihydrofolic reductase, an enzyme involved in cellular replication and activation.
  • Price Action: ALDX shares are up 0.56% at $9 during the market session on the last check Wednesday.
  • Related content: Benzinga's Full FDA Calendar.

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.


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Posted In: BiotechNewsHealth CareSmall CapFDAGeneralBriefsOrphan Drug DesignationRetinitis Pigmentosa