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.
U.S. stocks traded mostly lower, with the Dow Jones dropping over 200 points on Friday. Here are some big stocks recording gains in today’s session.
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.
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- XPeng Inc. (NYSE:XPEV) shares jumped 27% to $12.66. China Renaissance downgraded XPeng from Buy to Hold and lowered the price target from $40.5 to $11.3.
- Anavex Life Sciences Corp. (NASDAQ:AVXL) shares surged 25.5% to $11.13 after the company announced the ANAVEX2-73 Phase 2B/3 study met primary and key secondary endpoints, showing a statistically significant reduction of clinical decline in study of patients with early Alzheimer's disease.
- Samsara Inc. (NYSE:IOT) rose 21.7% to $12.05 after the company reported better-than-expected Q3 results and issued FY23 guidance above estimates.
- Spectrum Brands Holdings Inc (NYSE:SPB) surged 21.5% to $64.02.
- Smartsheet Inc. (NYSE:SMAR) surged 17.9% to $38.33 after the company reported better-than-expected Q3 results and issued guidance above estimates.
- Satixfy Communications Ltd. (NYSE:SATX) gained 16.9% to $18.88.
- Bilibili Inc. (NASDAQ:BILI) gained 15.1% to $19.59.
- iQIYI, Inc. (NASDAQ:IQ) rose 14.4% to $3.33.
- Ivanhoe Electric Inc. (NYSE:IE) rose 13.3% to $11.53. Ivanhoe Electric IncExecutive Chairman Robert M Friedland acquired a total of 422,767 shares at an average price of $9.85.
- ATRenew Inc. (NYSE:RERE) gained 13.2% to $2.1050.
- Dada Nexus Limited (NASDAQ:DADA) gained 12.8% to $7.06. Shares of Chinese companies traded higher amid reopening hopes. Recent unrest in China due to the country's zero-COVID policy has led to less strict quarantine requirements and increased vaccination efforts to avoid further lockdowns.
- Lufax Holding Ltd (NYSE:LU) rose 11.7% to $1.9450. Shares of Chinese companies traded higher amid reopening hopes. Recent unrest in China due to the country's zero-COVID policy has led to less strict quarantine requirements and increased vaccination efforts to avoid further lockdowns.
- JinkoSolar Holding Co., Ltd. (NYSE:JKS) surged 10.1% to $54.54.
- Peloton Interactive, Inc. (NASDAQ:PTON) gained 9.1% to $12.76.
- UiPath Inc. (NYSE:PATH) rose 9.1% to $14.10 after the company reported upbeat Q3 results and issued strong sales forecast.
- Futu Holdings Limited (NASDAQ:FUTU) gained 8.5% to $66.18. Shares of Chinese companies traded higher amid reopening hopes. Recent unrest in China due to the country's zero-COVID policy has led to less strict quarantine requirements and increased vaccination efforts to avoid further lockdowns.
- NIO Inc. (NYSE:NIO) climbed 8% to $13.06.
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