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.
Gainers
- Minerva Surgical, Inc. (NASDAQ:UTRS) shares jumped 209.1% to $0.5622 after the United States Patent and Trademark Office granted the company a patent for certain medical systems and methods.
- EpicQuest Education Group International Limited (NASDAQ:EEIQ) shares surged 88.4% to $2.75 after gaining 8% on Tuesday. EpicQuest Education's Davis College signed a non-binding Memorandum of Understanding with Chongqing College of Electronic Engineering.
- Enveric Biosciences, Inc. (NASDAQ:ENVB) jumped 85% to $5.83 after the company announced it received a Notice of Allowance from the USPTO for a patent application involving its EVM201 Series.
- GigaCloud Technology Inc. (NASDAQ:GCT) shares climbed 62.2% to $9.31 after the company reported a year-over-year increase in first-quarter financial results.
- Zura Bio Limited (NASDAQ:ZURA) shares gained 36% to $7.28 after Raymond James initiated coverage on the stock with a Strong Buy rating and a $20 price target.
- Apexigen, Inc. (NASDAQ:APGN) gained 31% to $0.5235 after Pyxis Oncology announced it will acquire the company.
- BiomX Inc. (NYSE:PHGE) climbed 27% to $0.3585. BiomX recently posted a narrower quarterly loss.
- Abercrombie & Fitch Co. (NYSE:ANF) climbed 22.3% to $28.14 after the company reported better-than-expected Q1 sales results, raised FY23 net sales growth guidance and raised operating margin guidance.
- Kingstone Companies, Inc. (NASDAQ:KINS) gained 15.7% to $1.54.
- The Necessity Retail REIT, Inc. (NASDAQ:RTL) rose 15.2% to $5.62. Global Net Lease is scheduled to host a webcast and conference call on May 24, 2023 to discuss its merger with The Necessity Retail REIT, Inc.
- Organogenesis Holdings Inc. (NASDAQ:ORGO) gained 14.5% to $3.94 after BTIG upgraded the stock from Neutral to Buy and announced a $10 price target.
- Urban Outfitters, Inc. (NASDAQ:URBN) shares climbed 14.1% to $30.42 as the company reported better-than-expected results for its first quarter said inventory fell 6.3% year-over-year.
- Kamada Ltd. (NASDAQ:KMDA) gained 13.7% to $5.32 after the company reported better-than-expected EPS results and announced a $60 million private placement with FIMI Opportunity Funds.
- OptimizeRx Corporation (NASDAQ:OPRX) climbed 11.7% to $13.50.
- Unique Fabricating, Inc. (NASDAQ:UFAB) gained 11.3% to $0.2670. Unique Fabricating shares gained around 23% on Tuesday after the company announced an accommodation agreement and new forbearance agreement to support a restructuring or sale.
- Photronics, Inc. (NASDAQ:PLAB) rose 11.3% to $19.15 following better-than-expected second-quarter results.
- Smart for Life, Inc. (NASDAQ:SMFL) shares gained 10.7% to $2.2701. Smart for Life launched a new line of Sports Illustrated protein bars specifically formulated for active lifestyles.
- Virios Therapeutics, Inc. (NASDAQ:VIRI) gained 10.6% to $1.36.
- Greenland Technologies Holding Corporation (NASDAQ:GTEC) jumped 10.3% to $1.70. Greenland Technologies Form4 filing showed CEO Raymond Z Wang bought 66,500 shares of stock at a common price of $1.50 per share.
- Kohl's Corporation (NYSE:KSS) climbed 8.5% to $20.91 after the company reported better-than-expected Q1 total revenue results and reaffirmed FY23 outlook.
- Ambow Education Holding Ltd. (NYSE:AMBO) gained 8.4% to $0.2495.
- Palo Alto Networks, Inc. (NASDAQ:PANW) surged 8% to $204.90 after the company reported better-than-expected Q3 results and issued strong guidance.
- Invivyd, Inc. (NASDAQ:IVVD) gained 6.5% to $1.81.
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Losers
- BIOLASE, Inc. (NASDAQ:BIOL) fell 42% to $0.0813 after the company announced the pricing of a $4.5 million underwritten public offering.
- QualTek Services Inc. (NASDAQ:QTEK) dropped 38.4% to $0.1083 after the company filed voluntarily petitions for Chapter 11 bankruptcy.
- Ocugen, Inc. (NASDAQ:OCGN) fell 36.4% to $0.4570 after the company reported pricing of $16.5 million public offering of common stock.
- Biodexa Pharmaceuticals Plc (NASDAQ:BDRX) dropped 28.7% to $0.1390. Biodexa Pharmaceuticals announced $3.32 million registered direct offering of 22,135,922 new American Depositary Shares at a price of $0.15 per ADS.
- CohBar, Inc. (NASDAQ:CWBR) shares fell 27.2% to $3.6478. CohBar shares jumped 223% on Tuesday after the company and Morphogenesis announced they have entered into a definitive agreement for an all-stock transaction forming a company combining expertise and resources to advance a late-stage oncology pipeline.
- T2 Biosystems, Inc. (NASDAQ:TTOO) fell 25.2% to $0.13.
- The Children's Place, Inc. (NASDAQ:PLCE) dropped 24.7% to $17.87 after the company reported worse-than-expected Q1 financial results and issued FY23 adjusted EPS and revenue guidance below estimates.
- Petco Health and Wellness Company, Inc. (NASDAQ:WOOF) fell 23% to $7.84 after the company posted first-quarter results.
- PTC Therapeutics, Inc. (NASDAQ:PTCT) fell 22.5% to $45.19 after the company announced its MOVE-FA trial of vatiquinone did not meet its primary endpoint. The company will discontinue its preclinical and early research gene therapy programs.
- Navitas Semiconductor Corporation (NASDAQ:NVTS) dipped 22% to $7.31. Navitas Semiconductor priced 10 million share common stock offering at $8 per share.
- HeartCore Enterprises, Inc. (NASDAQ:HTCR) fell 20.3% to $1.9602. Heartcore Enterprises shares jumped 92% on Tuesday after the company reported better-than-expected first-quarter EPS and sales results.
- The NFT Gaming Company, Inc. (NASDAQ:NFTG) dropped 20% to $0.80.
- Ocean Biomedical, Inc. (NASDAQ:OCEA) fell 18.5% to $5.49. Ocean Biomedical recently announced a patent award for novel cancer immunotherapy treatment, granted for prostate cancer, colon cancer, ovarian cancer, kidney cancer, breast cancer, glioblastoma, melanoma and lung cancer.
- Express, Inc. (NYSE:EXPR) dropped 16.6% to $0.6781 after the company reported worse-than-expected Q1 sales results and issued Q2 sales guidance with a midpoint below estimates.
- Dermata Therapeutics, Inc. (NASDAQ:DRMA) declined 15.7% to $1.8201 after the company announced a $1.8 million offering of 800,877 shares of its common stock at a price of $2.285 per share.
- Hesai Group (NASDAQ:HSAI) dropped 14.7% to $7.99 following quarterly results.
- Wave Life Sciences Ltd. (NASDAQ:WVE) fell 13.1% to $3.31. Mizuho maintained WAVE Life Sciences with a Buy and lowered the price target from $13 to $10.
- SeqLL Inc. (NASDAQ:SQL) fell 13% to $0.4880 after jumping 40% on Tuesday. The company recently posted a wider quarterly loss.
- Navidea Biopharmaceuticals, Inc. (NYSE:NAVB) dropped 13% to $0.1044. Navidea Biopharmaceuticals announced the sale of preferred shares totaling $1.1 million to new existing investors.
- Global Net Lease, Inc. (NYSE:GNL) fell 12.5% to $9.24 after the company and The Necessity Retail REIT announced a merger agreement.
- America's Car-Mart, Inc. (NASDAQ:CRMT) dropped 11.8% to $78.73 following weak quarterly earnings.
- Sarepta Therapeutics, Inc. (NASDAQ:SRPT) fell 11.3% to $130.34 after the company announced an update on the regulatory review of SRP-9001.
- XPeng Inc. (NYSE:XPEV) fell 11.3% to $8.08 after the company reported worse-than-expected Q1 financial results, issued Q2 revenue guidance below estimates and said it sees a year-over-year decrease in Q2 vehicle deliveries.
- Tingo Group, Inc. (NASDAQ:TIO) dropped 11% to $4.2492.
- NIO Inc. (NYSE:NIO) fell 10.6% to $7.82.
- D-Wave Quantum Inc. (NYSE:QBTS) fell 10.4% to $0.9052. D-Wave Quantum recently hosted two government officials at its Burnaby offices to highlight the company's innovation in quantum computing.
- Virgin Galactic Holdings, Inc. (NYSE:SPCE) dropped 9.9% to $4.4399.
- Hyliion Holdings Corp. (NYSE:HYLN) fell 9.5% to $1.6552.
- Agilent Technologies, Inc. (NYSE:A) shares fell 9.1% to $116.96 after the company cut its FY23 revenue outlook.
- U.S. Physical Therapy, Inc. (NYSE:USPH) dropped 9% to $99.49. U.S. Physical Therapy announced $150 million underwritten public offering of common stock.
- Analog Devices, Inc. (NASDAQ:ADI) fell 8.4% to $172.05 following Q2 results.
- T Stamp Inc. (NASDAQ:IDAI) shares dropped 8% to $1.73. T Stamp shares jumped around 30% on Tuesday after the company announced it has received a Notice of Allowance for an additional patent by the United States Patent and Trademark Office related to its AI-powered, tokenized-identity products.
Now Read This: Dow Falls Over 100 Points; Analog Devices Posts Upbeat Q2 Earnings
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.