June 2, 2014 9:46 AM | 1 min read
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.
Puma Biotechnology (NYSE: PBYI) shares declined 18.47% to $62.31 after the company presented positive PB272 Phase II data at ASCO.MasTec (NYSE: MTZ) shares dropped 11.47% to $31.99 following Sunday's report of weak outlook.Universal Electronics (NASDAQ: UEIC) declined 8.49% to $41.62. B Riley downgraded Universal Electronics from Buy to Neutral and cut the price target from $47.00 to $45.75. Clovis Oncology (NASDAQ: CLVS) shares fell 8.16% to $47.03 after the company presented encouraging data from Phase 1/2a study evaluating lucitanib in advanced solid tumors at ASCO. Zillow (NASDAQ: Z) tumbled 3.48% to $113.91 after RBC Capital downgraded the stock from Outperform to Sector Perform.Cyclacel Pharmaceuticals (NASDAQ: CYCC) slipped 2.47% to $3.16 after the company provided an update on its clinical development plan of Sapacitabine for myelodysplastic syndromes.
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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