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.
Blueprint Medicines Corp (NASDAQ:BPMC) announced proof-of-concept data from the Phase 1/2 SYMPHONY trial of BLU-945 for advanced EGFR-mutant non-small cell lung cancer (NSCLC).
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- The data were shared at the American Association for Cancer Research (AACR) Annual Meeting 2022.
- The early readout from the phase 1/2 Symphony trial shows the first safety and clinical activity data.
- Results from the higher dose group hint at tumor shrinkage too. One patient treated with 400 mg once daily experienced a partial response as of the March 9 cut-off date.
- As for safety, common adverse events included nausea, headache, difficulty breathing and vomiting, among others.
- Blueprint did observe one incident of dose-limiting toxicity in a patient who experienced high levels of an enzyme called transaminases that can point to problems with the liver.
- The dose was interrupted, and the patient improved. Blueprint said that there were no study discontinuations.
- Blueprint will initiate an additional cohort in the Symphony trial combining BLU-945 with AstraZeneca Plc's (NASDAQ:AZN) Tagrisso (osimertinib) following disease progression on osimertinib.
- The company announced a clinical supply agreement with AstraZeneca for work on the study and the early-stage Harmony program for BLU-701.
- Price Action: BPMC shares traded lower by 3.46% at $67.18 on the last check Monday.
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.