Benzinga's Top #PreMarket Gainers

by Benzinga Staff
February 18, 2014 8:08 AM | 29 seconds read | Make a Comment

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.

Forest Laboratories (NYSE: FRX) surged 34.46% to $95.99 in the pre-market session after Actavis (NYSE: ACT) announced its plans to buy Forest Labs for $25 billion. Analysts at Morgan Stanley upgraded Forest Labs from Equal-Weight to Overweight.Actavis plc (NYSE: ACT) soared 12.04% to $215.00 in the pre-market trading on deal for Forest Laboratories (NYSE: FRX).Insmed (NASDAQ: INSM) shares jumped 8.42% to $18.15 in pre-market trading after dropping 0.78% on Friday. BlackBerry (NASDAQ: BBRY) shares gained 4.90% to $9.42 in the pre-market on report of Loeb 10 million share stake. FBR Capital upgraded BlackBerry from Underperform to Market Perform.

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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