May 1, 2014 8:08 AM | 1 min read |
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.
Merrimack Pharmaceuticals (NASDAQ: MACK) shares jumped 73.12% to $7.60 in pre-market trading after the company reported that MM-398 has achieved primary endpoint of overall survival in Phase 3 trial in post-gemcitabine metastatic pancreatic cancer.Weight Watchers International (NYSE: WTW) surged 11.72% to $22.12 in the pre-market session after the company reported upbeat first-quarter results and raised its earnings forecast for the year.Yelp (NYSE: YELP) shares gained 7.07% to $10.45 in pre-market trading after the company reported better-than-expected Q1 results. Analysts at Piper Jaffray upgraded the stock from Neutral to Overweight.DIRECTV (NASDAQ: DTV) soared 6.44% to $82.60 in the pre-market trading on rumored AT&T (NYSE: T) bid.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.