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.
Upgrades
According to JP Morgan, the prior rating for Hello Group Inc (NASDAQ:MOMO) was changed from Neutral to Overweight. For the fourth quarter, Hello Gr had an EPS of $0.36, compared to year-ago quarter EPS of $0.22. The stock has a 52-week-high of $11.54 and a 52-week-low of $4.10. At the end of the last trading period, Hello Gr closed at $8.32.
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According to Compass Point, the prior rating for SLM Corp (NASDAQ:SLM) was changed from Neutral to Buy. In the fourth quarter, SLM showed an EPS of $0.33, compared to $1.05 from the year-ago quarter. The stock has a 52-week-high of $20.16 and a 52-week-low of $10.81. At the end of the last trading period, SLM closed at $13.75.
According to Goldman Sachs, the prior rating for VF Corp (NYSE:VFC) was changed from Sell to Buy. For the third quarter, VF had an EPS of $1.12, compared to year-ago quarter EPS of $1.35. The stock has a 52-week-high of $58.79 and a 52-week-low of $20.03. At the end of the last trading period, VF closed at $21.82.
According to Compass Point, the prior rating for Argo Blockchain PLC (NASDAQ:ARBK) was changed from Neutral to Buy. For the second quarter, Argo Blockchain had an EPS of $0.82, compared to year-ago quarter EPS of $0.03.
According to JP Morgan, the prior rating for HUYA Inc (NYSE:HUYA) was changed from Underweight to Neutral. In the fourth quarter, HUYA showed an EPS of $0.26, compared to $0.16 from the year-ago quarter. The current stock performance of HUYA shows a 52-week-high of $6.50 and a 52-week-low of $1.65. Moreover, at the end of the last trading period, the closing price was at $3.12.
For DouYu International Holdings Ltd (NASDAQ:DOYU), JP Morgan upgraded the previous rating of Underweight to Neutral. DouYu Intl Hldgs earned $0.00 in the fourth quarter, compared to $0.05 in the year-ago quarter. The stock has a 52-week-high of $2.15 and a 52-week-low of $0.90. At the end of the last trading period, DouYu Intl Hldgs closed at $1.14.
Barclays upgraded the previous rating for The Mosaic Co (NYSE:MOS) from Underweight to Equal-Weight. In the fourth quarter, Mosaic showed an EPS of $1.74, compared to $1.95 from the year-ago quarter. The stock has a 52-week-high of $79.28 and a 52-week-low of $40.29. At the end of the last trading period, Mosaic closed at $46.75.
See all analyst ratings upgrades.
Downgrades
Oppenheimer downgraded the previous rating for ViewRay Inc (NASDAQ:VRAY) from Outperform to Perform. In the fourth quarter, ViewRay showed an EPS of $0.15, compared to $0.16 from the year-ago quarter. At the moment, the stock has a 52-week-high of $4.96 and a 52-week-low of $1.71. ViewRay closed at $1.83 at the end of the last trading period.
For Biocept Inc (NASDAQ:BIOC), Maxim Group downgraded the previous rating of Buy to Hold. In the third quarter, Biocept showed an EPS of $0.33, compared to $0.04 from the year-ago quarter. The current stock performance of Biocept shows a 52-week-high of $1.94 and a 52-week-low of $0.24. Moreover, at the end of the last trading period, the closing price was at $0.34.
Scotiabank downgraded the previous rating for Cenovus Energy Inc (NYSE:CVE) from Sector Outperform to Sector Perform. Cenovus Energy earned $0.29 in the fourth quarter, compared to $0.45 in the year-ago quarter. At the moment, the stock has a 52-week-high of $24.91 and a 52-week-low of $14.45. Cenovus Energy closed at $17.85 at the end of the last trading period.
For Hecla Mining Co (NYSE:HL), Roth MKM downgraded the previous rating of Buy to Neutral. Hecla Mining earned $0.02 in the fourth quarter, compared to $0.02 in the year-ago quarter. At the moment, the stock has a 52-week-high of $7.38 and a 52-week-low of $3.42. Hecla Mining closed at $6.93 at the end of the last trading period.
BTIG downgraded the previous rating for ViewRay Inc (NASDAQ:VRAY) from Buy to Neutral. In the fourth quarter, ViewRay showed an EPS of $0.15, compared to $0.16 from the year-ago quarter. At the moment, the stock has a 52-week-high of $4.96 and a 52-week-low of $1.71. ViewRay closed at $1.83 at the end of the last trading period.
Jefferies downgraded the previous rating for National Instruments Corp (NASDAQ:NATI) from Buy to Hold. National Instruments earned $0.63 in the fourth quarter, compared to $0.60 in the year-ago quarter. At the moment, the stock has a 52-week-high of $58.20 and a 52-week-low of $29.81. National Instruments closed at $58.06 at the end of the last trading period.
JP Morgan downgraded the previous rating for Orion Engineered Carbons SA (NYSE:OEC) from Overweight to Neutral. Orion Engineered Carbons earned $0.26 in the fourth quarter, compared to $0.17 in the year-ago quarter. The current stock performance of Orion Engineered Carbons shows a 52-week-high of $26.91 and a 52-week-low of $12.90. Moreover, at the end of the last trading period, the closing price was at $26.54.
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For Rivian Automotive Inc (NASDAQ:RIVN), Piper Sandler downgraded the previous rating of Overweight to Neutral. For the fourth quarter, Rivian Automotive had an EPS of $1.73, compared to year-ago quarter EPS of $2.43. At the moment, the stock has a 52-week-high of $41.90 and a 52-week-low of $12.58. Rivian Automotive closed at $14.37 at the end of the last trading period.
Raymond James downgraded the previous rating for Check Point Software Technologies Ltd (NASDAQ:CHKP) from Outperform to Market Perform. For the fourth quarter, Check Point Software had an EPS of $2.45, compared to year-ago quarter EPS of $2.25. At the moment, the stock has a 52-week-high of $145.12 and a 52-week-low of $107.54. Check Point Software closed at $134.46 at the end of the last trading period.
Stifel downgraded the previous rating for ViewRay Inc (NASDAQ:VRAY) from Buy to Hold. ViewRay earned $0.15 in the fourth quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $4.96 and a 52-week-low of $1.71. At the end of the last trading period, ViewRay closed at $1.83.
According to Piper Sandler, the prior rating for Steris PLC (NYSE:STE) was changed from Overweight to Neutral. Steris earned $2.02 in the third quarter, compared to $2.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $255.82 and a 52-week-low of $159.88. Steris closed at $195.12 at the end of the last trading period.
See all analyst ratings downgrades.
Initiations
With a Buy rating, Roth MKM initiated coverage on LiveOne Inc (NASDAQ:LVO). The price target seems to have been set at $2.80 for LiveOne. LiveOne earned $0.04 in the third quarter, compared to $0.15 in the year-ago quarter. The stock has a 52-week-high of $1.56 and a 52-week-low of $0.50. At the end of the last trading period, LiveOne closed at $1.41.
With a Buy rating, Mizuho initiated coverage on Axonics Inc (NASDAQ:AXNX). The price target seems to have been set at $75.00 for Axonics. In the fourth quarter, Axonics showed an EPS of $0.01, compared to $0.34 from the year-ago quarter. The current stock performance of Axonics shows a 52-week-high of $79.88 and a 52-week-low of $38.42. Moreover, at the end of the last trading period, the closing price was at $56.79.
With a Buy rating, Mizuho initiated coverage on Inspire Medical Systems Inc (NYSE:INSP). The price target seems to have been set at $300.00 for Inspire Medical Systems. In the fourth quarter, Inspire Medical Systems showed an EPS of $0.10, compared to $0.09 from the year-ago quarter. The current stock performance of Inspire Medical Systems shows a 52-week-high of $282.31 and a 52-week-low of $142.75. Moreover, at the end of the last trading period, the closing price was at $246.97.
Mizuho initiated coverage on ResMed Inc (NYSE:RMD) with a Buy rating. The price target for ResMed is set to $255.00. ResMed earned $1.66 in the second quarter, compared to $1.47 in the year-ago quarter. The current stock performance of ResMed shows a 52-week-high of $247.51 and a 52-week-low of $189.52. Moreover, at the end of the last trading period, the closing price was at $226.55.
B. Riley Securities initiated coverage on Vishay Precision Group Inc (NYSE:VPG) with a Buy rating. The price target for Vishay Precision Group is set to $54.00. For the fourth quarter, Vishay Precision Group had an EPS of $0.76, compared to year-ago quarter EPS of $0.56. The stock has a 52-week-high of $45.69 and a 52-week-low of $27.44. At the end of the last trading period, Vishay Precision Group closed at $41.23.
With a Neutral rating, Mizuho initiated coverage on LivaNova PLC (NASDAQ:LIVN). The price target seems to have been set at $48.00 for LivaNova. For the fourth quarter, LivaNova had an EPS of $0.81, compared to year-ago quarter EPS of $0.57. The stock has a 52-week-high of $87.98 and a 52-week-low of $40.26. At the end of the last trading period, LivaNova closed at $43.31.
With a Neutral rating, Mizuho initiated coverage on Nevro Corp (NYSE:NVRO). The price target seems to have been set at $40.00 for Nevro. Nevro earned $0.54 in the fourth quarter, compared to $0.86 in the year-ago quarter. The stock has a 52-week-high of $77.80 and a 52-week-low of $28.75. At the end of the last trading period, Nevro closed at $36.48.
With a Equal-Weight rating, Stephens & Co. initiated coverage on Toast Inc (NYSE:TOST). The price target seems to have been set at $18.00 for Toast. For the fourth quarter, Toast had an EPS of $0.19, compared to year-ago quarter EPS of $0.23. At the moment, the stock has a 52-week-high of $26.04 and a 52-week-low of $11.92. Toast closed at $17.97 at the end of the last trading period.
With an Outperform rating, Baird initiated coverage on Arcellx Inc (NASDAQ:ACLX). The price target seems to have been set at $39.00 for Arcellx. For the fourth quarter, Arcellx had an EPS of $0.76, compared to year-ago quarter EPS of $39.85. At the moment, the stock has a 52-week-high of $35.26 and a 52-week-low of $6.14. Arcellx closed at $29.30 at the end of the last trading period.
Baird initiated coverage on CARISMA Therapeutics Inc (NASDAQ:CARM) with an Outperform rating. The price target for CARISMA Therapeutics is set to $10.00. At the moment, the stock has a 52-week-high of $5.88 and a 52-week-low of $2.75. CARISMA Therapeutics closed at $3.10 at the end of the last trading period.
Stephens & Co. initiated coverage on Shift4 Payments Inc (NYSE:FOUR) with a Equal-Weight rating. The price target for Shift4 Payments is set to $80.00. In the fourth quarter, Shift4 Payments showed an EPS of $0.47, compared to $0.08 from the year-ago quarter. At the moment, the stock has a 52-week-high of $76.40 and a 52-week-low of $29.41. Shift4 Payments closed at $73.03 at the end of the last trading period.
See all analyst ratings initiations.
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.