Benzinga's Top #PreMarket Losers


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.


PetSmart (NASDAQ: PETM) dipped 7.54% to $57.50 in pre-market trading after the company reported Q1 earnings of $1.04 per share on revenue of $1.73 billion and lowered its FY14 earnings forecast.American Realty Capital Properties (NASDAQ: ARCP) dropped 2.25% to $12.62 in pre-market trading after tehc ompany files to sell $100M in common stock and announced its plans to ell shopping center portfolio to Blackstone (NYSE: BX) for $1.975 billion in cash.Kamada (NASDAQ: KMDA) shares dropped 1.56% to $8.19 in pre-market trading after falling 3.37% on Tuesday.Hormel Foods (NYSE: HRL) shares fell 1.40% to $47.85 after the company reported weaker-than-expected fiscal second-quarter earnings.

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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsMovers & ShakersPre-Market OutlookMarketsTop Losers