UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT for Amarin Corporation - Amarin Corp (NASDAQ:AMRN)

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.

In a company note published earlier today, Jefferies & Company, Inc. reiterated its Buy rating for Amarin Corporation (NASDAQ: AMRN) and raised its price target from $24.00 to $26.00.Jefferies & Company went on to say “Yesterday, the patent office (PTO) posted unexpected positive office actions on three key patent applications based on MARINE: the core ‘889 application and two continuation applications ‘408 and '145. We believe these actions should lead to near-term issuance of these patents, which could provide AMR101 protection through 2030. We remain bullish on near-term approval of AMR101.”Amarin Corporation closed yesterday at $13.16.

27% profit every 20 days?

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