27% profits every 20 days?
This is what Nic Chahine averages with his options 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 higher, with the Dow Jones gaining over 50 points on Monday. Here are some big stocks recording losses in today’s session.
- Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) shares declined 21.2% to $66.62.
- Chijet Motor Company, Inc. (NASDAQ:CJET) shares plunged 18.7% to $3.4550. Chijet Motor Company recently announced its majority-owned subsidiary completed the first shipment of automobile orders to Peru through its newly developed export operation at Tianjin Port, China.
- Frontier Communications Parent, Inc. (NASDAQ:FYBR) shares tumbled 12.8% to $12.47. Citigroup downgraded Frontier Communications from Buy to Neutral and lowered the price target from $30 to $17.
- TMC the metals company Inc. (NASDAQ:TMC) fell 10% to $1.9450.
- Puyi Inc. (NASDAQ:PUYI) shares dipped 8.2% to $5.60.
- Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) declined 8.1% to $3.53.
- Farfetch Limited (NYSE:FTCH) fell 8% to $5.76.
- Intchains Group Limited (NASDAQ:ICG) shares declined 7.1% to $6.68.
- Altice USA, Inc. (NYSE:ATUS) fell 6% to $2.86. Altice USA named CEO Dennis Mathew as Chairman.
- Nikola Corporation (NASDAQ:NKLA) fell 6% to $2.1150. The stock is falling, potentially amid ongoing profit-taking, after rallying some 43% over the trailing five sessions.
- CommScope Holding Company, Inc. (NASDAQ:COMM) shares declined 6% to $5.10.
- YETI Holdings, Inc. (NYSE:YETI) shares fell 5.3% to $40.35. Keybanc downgraded YETI Holdings from Sector Weight to Underweight and announced a $34 price target.
- Leslie's, Inc. (NASDAQ:LESL) fell 5% to $6.36. Jefferies downgraded Leslies from Buy to Hold and lowered the price target from $15 to $7.
- Ford Motor Company (NYSE:F) shares slipped 4.6% to $14.30 after the company announced price cuts for all versions of its electric F-150 Lightning pickup.
- AT&T Inc. (NYSE:T) shares fell 4.2% to $13.89 after Citigroup downgraded the stock from Buy to Neutral and lowered its price target from $22 to $16. Also, BMO Capital lowered its price target from $33 to $29.
Read More: Baidu To Rally Around 32%? Here Are 10 Other Analyst Forecasts For Monday
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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