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 issued a Study May Proceed letter for Citius Pharmaceuticals Inc's (NASDAQ:CTXR) Halo-Lido to treat hemorrhoids. The Company anticipates initiating a Phase 2b study in 1H of 2022.
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- Halo-Lido is a proprietary topical formulation of halobetasol and lidocaine intended to provide symptomatic relief to individuals suffering from hemorrhoids.
- Hemorrhoid is a gastrointestinal disorder characterized by pain, swelling, itching, tenderness, and bleeding.
- The Phase 2b study is designed as a multi-center, randomized, dose-ranging, double-blind, parallel-group comparison.
- Five cohorts of adults with a clinical diagnosis of symptomatic Goligher's classification Grade II or Grade III hemorrhoids will be dosed.
- Approximately 60 subjects per cohort are expected to be enrolled, for a total of 300 subjects. The primary endpoint of the study will be the reduction in hemorrhoidal symptoms.
- The secondary endpoint will reduce hemorrhoidal bother (such as bowel movement interference and pressure) following treatment.
- Patients will utilize Citius's ePRO distributed to subjects using a smartphone app to record information and assessments.
- Price Action: CTXR shares are trading 5.19% higher at $1.62 during the market session on the last check Tuesday.
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.