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 higher, with the Nasdaq Composite gaining over 1% on Thursday. Here are some big stocks recording gains in today’s session.
- NVIDIA Corporation (NASDAQ:NVDA) shares climbed 22.9% to $375.17 after the company reported better-than-expected results for its first quarter and issued strong sales forecast for the current quarter.
- Lightwave Logic, Inc. (NASDAQ:LWLG) jumped 22.7% to $6.37 after the company announced it began commercialization of its electro-optic polymer materials.
- Modine Manufacturing Company (NYSE:MOD) climbed 19.9% to $23.66 following strong quarterly results.
- Super Micro Computer, Inc. (NASDAQ:SMCI) shares gained 19.8% to $200.72 in sympathy with NVIDIA after the company reported strong Q1 results and guidance.
- Zuora, Inc. (NYSE:ZUO) rose 19.3% to $10.15 following quarterly results.
- Vertiv Holdings Co (NYSE:VRT) gained 16.7% to $18.95.
- DISH Network Corporation (NASDAQ:DISH) climbed 15.5% to $7.20. Dish Network is in talks to sell wireless plans through Amazon, Reuters reported.
- American Woodmark Corporation (NASDAQ:AMWD) jumped 15.5% to $62.34 following strong quarterly results.
- Nutanix, Inc. (NASDAQ:NTNX) shares rose 14.5% to $29.11 as the company reported better-than-expected results for its third quarter.
- Monolithic Power Systems, Inc. (NASDAQ:MPWR) climbed 12.5% to $467.55.
- e.l.f. Beauty, Inc. (NYSE:ELF) gained 11.5% to $96.36 after the company reported better-than-expected fourth-quarter financial results and issued FY24 adjusted EPS and net sales guidance above estimates.
- Vicor Corporation (NASDAQ:VICR) rose 11% to $51.69.
- EnerSys (NYSE:ENS) gained 10.5% to $92.88 following upbeat results.
- REX American Resources Corporation (NYSE:REX) gained 10.4% to $34.60 following upbeat quarterly results.
- Guess', Inc. (NYSE:GES) surged 10.3% to $19.15 following strong quarterly results.
- Advanced Micro Devices, Inc. (NASDAQ:AMD) climbed 9.4% to $118.44 in sympathy with NVIDIA, which reported strong Q1 results and issued guidance above estimates.
- Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) gained 9.4% to $98.60 in sympathy with NVIDIA, which reported strong Q1 results and issued guidance above estimates.
- Desktop Metal, Inc. (NYSE:DM) gained 9.4% to $1.915 after it agreed to combine with Stratasys under an all-stock transaction worth $1.8 billion or $1.88 per share of Desktop Metal.
- Ralph Lauren Corporation (NYSE:RL) rose 8.8% to $117.85 after the company reported better-than-expected Q4 financial results.
- Dorian LPG Ltd. (NYSE:LPG) gained 8.5% to $25.30. Evercore ISI Group upgraded Dorian LPG from In-Line to Outperform and raised the price target from $25 to $32.
- Synopsys, Inc. (NASDAQ:SNPS) surged 8.2% to $427.89. Synopsys, entered into an accelerated share repurchase agreement (ASR) with Mizuho Markets Americas LLC to repurchase an aggregate of $300 million of Synopsys stock.
- Arista Networks, Inc. (NYSE:ANET) gained 7.9% to $152.38.
- Rambus Inc. (NASDAQ:RMBS) jumped 6.4% to $61.00.
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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