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.
- FREYR Battery (NYSE:FREY) rose 11.8% to $14.15 in pre-market trading as the company reported the execution of 38 GWh li-ion battery binding cell sales agreement and entry into module & pack joint venture for energy storage solutions with Nidec Corporation.
- Absci Corporation (NASDAQ:ABSI) rose 10.6% to $3.65 in pre-market trading after declining more than 21% on Monday.
- Bed Bath & Beyond Inc. (NASDAQ:BBBY) rose 9.7% to $14.64 in pre-market trading after jumping around 25% on Monday. The company is set to provide a strategic update this week after GameStop chair Ryan Cohen sold his stake in the struggling retailer earlier this month.
- The Honest Company, Inc. (NASDAQ:HNST) rose 9.1% to $3.84 in pre-market trading. Honest Company recently reported second-quarter FY22 sales growth of 5.3% year-on-year to $78.49 million.
- Avid Technology, Inc. (NASDAQ:AVID) gained 9% to $26.30 in pre-market trading. Avid Technology will replace Plantronics in the S&P SmallCap 600 on Thursday, September 1.
- Weber Inc. (NYSE:WEBR) rose 8.5% to $10.70 in pre-market trading.
- TAL Education Group (NYSE:TAL) rose 6.4% to $6.99 in pre-market trading.
- New Oriental Education & Technology Group Inc. (NYSE:EDU) rose 6.4% to $30.17 in pre-market trading.
- Gaotu Techedu Inc. (NYSE:GOTU) rose 6.1% to $1.92 in pre-market trading.
- The Gap, Inc. (NYSE:GPS) rose 4.2% to $9.88 in pre-market trading. Gap recently reported better-than-expected Q2 sales results.
- Baidu, Inc. (NASDAQ:BIDU) rose 2.7% to $151.30 in pre-market trading after the company posted better-than-expected Q2 results.
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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.