Benzinga's Top 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.


Analysts at JP Morgan initiated coverage on shares of Violin Memory (NYSE: VMEM) with an “overweight” rating. The target price for Violin Memory is set to $9. Violin Memory's shares closed at $7.30 yesterday. Analysts at Jefferies initiated coverage on shares of Enzymotec (NASDAQ: ENZY) with a “hold” rating. The target price for Enzymotec is set to $19. Enzymotec's stock closed at $17.81 yesterday.Credit Suisse initiated coverage on shares of TripAdvisor (NASDAQ: TRIP) with an “outperform” rating. TripAdvisor's shares closed at $74.11 yesterday.Raymond James initiated coverage on shares of RingCentral (NYSE: RNG) with an “outperform” rating. The target price for RingCentral is set to $22. RingCentral's shares closed at $19.00 yesterday.

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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Posted In: InitiationAnalyst RatingsTop Initiations