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
- Allego N.V. (NYSE:ALLG) shares surged 114.1% to close at $17.73 on Wednesday after the company announced the completion of its merger agreement with Spartan Acquisition Corp., which resulted in 98% of the company notes redeemed at the merger vote. The company is also gaining retail investor interest.
- Creative Medical Technology Holdings, Inc. (NASDAQ:CELZ) gained 82.4% to close at $3.10 after the company announced top-line results for its follow-up StemSpine pilot study.
- XORTX Therapeutics Inc. (NASDAQ:XRTX) jumped 43.8% to settle at $1.74 after the company announced the submission of a Patent Cooperation Treaty patent application seeking international patent protection for the patent entitled "Compositions and Methods for Enhancing Anti-Vi".
- Imperial Petroleum Inc. (NASDAQ:IMPP) jumped 37.3% to close at $2.10 as the stock continued to gain momentum amid strength in oil, which has lifted small-cap oil and gas names. The company earlier announced the closing of a previously-disclosed offering.
- Miromatrix Medical Inc. (NASDAQ:MIRO) gained 35.9% to close at $3.33. The company on Tuesday was granted a US patent titled 'Use of resected liver serum for whole liver-engineering.'
- Four Seasons Education (Cayman) Inc. (NYSE:FEDU) surged 35.4% to settle at $0.7990.
- Diffusion Pharmaceuticals Inc. (NASDAQ:DFFN) gained 30% to close at $0.3390 after Zacks Small-Cap Research set a $2 valuation on the company in a research note.
- 4D pharma plc (NASDAQ:LBPS) shares rose 28.5% to settle at $6.00 after the company announced the primary efficacy endpoint was met early in the renal cell carcinoma group in Part B of the study of MRx0518 and KEYTRUDA.
- Elite Education Group International Limited (NASDAQ:EEIQ) jumped 27.4% to close at $2.70.
- Zentek Ltd. (NASDAQ:ZTEK) gained 25.9% to close at $3.40. The stock began trading on the Nasdaq on Tuesday following an uplisting from the OTC Pink Sheets.
- Enveric Biosciences, Inc. (NASDAQ:ENVB) jumped 24.4% to close at $0.3873.
- Femasys Inc (NASDAQ:FEMY) climbed 24.3% to close at $2.35. Femasys recently named Dov Elefant to new position of Chief Financial Officer.
- Waterdrop Inc. (NYSE:WDH) shares gained 24.1% to close at $1.70 following Q4 results.
- Revelation Biosciences, Inc. (NASDAQ:REVB) jumped 23.3% to close at $2.01.
- Alset EHome International Inc. (NASDAQ:AEI) rose 22.5% to close at $0.6605.
- IO Biotech, Inc. (NASDAQ:IOBT) surged 20.2% to close at $5.18.
- Mogo Inc. (NASDAQ:MOGO) gained 19.3% to close at $2.90 after the company reported Q4 sales results were higher year-over-year and announced a $10 million buyback.
- Studio City International Holdings Limited (NYSE:MSC) jumped 17.5% to close at $6.50.
- PhaseBio Pharmaceuticals, Inc. (NASDAQ:PHAS) gained 17.5% to close at $1.41.
- RenovoRx, Inc. (NASDAQ:RNXT) jumped 17.3% to settle at $3.5550.
- Huize Holding Limited (NASDAQ:HUIZ) gained 17.2% to close at $1.50. Huize Holding, last week, reported its Q4 earnings results and announced a $5 million buyback.
- Clear Secure, Inc. (NYSE:YOU) rose 16.8% to settle at $25.41 after the company reported better-than-expected Q4 EPS and sales results. The company also issued Q1 sales guidance above estimates.
- Cenntro Electric Group Limited (NASDAQ:CENN) gained 15.7% to close at $2.66. Cenntro Electric Group recently agreed to acquire an equity interest in Mosolf SE & Co KG's subsidiary Tropos Motors Europe GmbH (TME).
- Genius Brands International, Inc. (NASDAQ:GNUS) jumped 15.5% to close at $1.06.
- GameStop Corp. (NYSE:GME) rose 14.5% to settle at $141.00 after jumping over 30% on Tuesday.
- Alpha Tau Medical Ltd. (NASDAQ:DRTS) rose 14.2% to close at $11.78.
- Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) rose 13.3% to close at $1.36. Spectrum Pharmaceuticals recently posted a Q4 loss of $0.17 per share.
- aTyr Pharma, Inc. (NASDAQ:LIFE) gained 12.4% to close at $5.98. aTyr Pharma recently files for mixed shelf upto $200 million.
- iQIYI, Inc. (NASDAQ:IQ) rose 12% to close at $4.68.
- Intrepid Potash, Inc. (NYSE:IPI) jumped 9.7% to close at $87.04.
- Kezar Life Sciences, Inc. (NASDAQ:KZR) gained 9.5% to close at $17.55. HC Wainwright & Co, last week, maintained a Buy rating on the stock and raised its price target from $20 to $22.
- Zenvia Inc. (NASDAQ:ZENV) rose 9% to close at $5.71.
- Creative Realities Inc (NASDAQ:CREX) shares rose 8.3% to close at $0.9290 after the company reported better-than-expected Q4 sales results and issued FY22 sales guidance.
- GDS Holdings Limited (NASDAQ:GDS) gained 8.1% to settle at $42.63. Raymond James downgraded GDS Holdings from Strong Buy to Outperform and announced a $68 price target.
- Stealth BioTherapeutics Corp (NASDAQ:MITO) rose 6.3% to close at $0.71. Stealth BioTherapeutics recently presented new data demonstrating the potential synergistic relationship between elamipretide and an exon-skipping phosphorodiamidate morpholino oligomer (PMO) in the X-linked muscular dystrophy (mdx) animal model.
- Alpine Immune Sciences, Inc. (NASDAQ:ALPN) gained 6% to close at $9.25.
- The Marygold Companies, Inc. (NYSE:MGLD) gained 5.9% to close at $1.98 after dropping more than 6% on Tuesday.
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Losers
- Codex DNA, Inc. (NASDAQ:DNAY) dipped 34.1% to close at $6.06 on Wednesday after the company reported worse-than-expected Q4 EPS results.
- AdTheorent Holding Company, Inc. (NASDAQ:ADTH) dropped 26.1% to close at $7.69.
- JX Luxventure Limited (NASDAQ:LLL) fell 23% to settle at $3.38. JX Luxventure shares jumped around 120% on Tuesday after the company announced it signed a $60 million sales agreement.
- Vicor Corporation (NASDAQ:VICR) fell 20.3% to close at $61.77. CJS Securities downgraded Vicor from Market Outperform to Market Perform.
- Agrify Corporation (NASDAQ:AGFY) declined 20% to close at $4.00 after the company reported worse-than-expected Q4 results and issued FY22 sales guidance below estimates.
- Snap One Holdings Corp. (NASDAQ:SNPO) dropped 19.1% to settle at $16.58 after the company reported Q4 earnings results.
- Cue Health Inc. (NASDAQ:HLTH) fell 18.3% to close at $6.99. Cue Health recently partnered with Albertsons Companies for COVID-19 test kits.
- PetVivo Holdings, Inc. (NASDAQ:PETV) fell 18.2% to close at $2.25.
- Worthington Industries, Inc. (NYSE:WOR) declined 17% to close at $51.58 after the company reported worse-than-expected Q3 EPS results.
- Xilio Therapeutics, Inc. (NASDAQ:XLO) fell 16.7% to close at $7.39.
- GreenLight Biosciences Holdings (NASDAQ:GRNA) dipped 15.5% to close at $10.66.
- NeuroSense Therapeutics Ltd. (NASDAQ:NRSN) dropped 15.4% to settle at $5.17. NeuroSense Therapeutics recently announced it received FDA clearance to initiate a pharmacokinetic study of PrimeC in healthy adult subjects.
- Q&K International Group Limited (NASDAQ:QK) dipped 15.2% to close at $1.84.
- 5E Advanced Materials Inc. (NASDAQ:FEAM) dropped 14.4% to close at $26.00.
- PaySign, Inc. (NASDAQ:PAYS) fell 14.4% to settle at $2.14 after the company reported worse-than-expected Q4 sales results and issued FY22 sales guidance below analyst estimates.
- Entrada Therapeutics, Inc. (NASDAQ:TRDA) dipped 13.3% to close at $9.67. Entrada Therapeutics recently posted a Q4 net loss of $18.4 million.
- Leafly Holdings, Inc. (NASDAQ:LFLY) dropped 13.2% to close at $8.17.
- GAN Limited (NASDAQ:GAN) shares fell 11.8% to close at $4.81 after the company reported worse-than-expected Q4 EPS and sales results. The company also issued FY22 sales guidance below analyst estimates.
- Winnebago Industries, Inc. (NYSE:WGO) dropped 11.8% to close at $55.04 following Q2 results.
- Adobe Inc. (NASDAQ:ADBE) fell 9.3% to close at $422.90. Adobe reported better-than-expected results for its first quarter, but issued a disappointing forecast for the current quarter.
- Thor Industries, Inc. (NYSE:THO) dropped 8.3% to close at $81.57. THOR Industries announced a regular quarterly cash dividend of $0.43 per share.
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.