Morning Market Movers


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.


MannKind (NASDAQ: MNKD) surged 13.50% to $11.35 following the Friday's conditional FDA approval for Afrezzaa. Dicerna Pharmaceuticals (NASDAQ: DRNA) climbed 12.07% to $21.11 on promising clinical data for DCR-PH1.Enventis (NASDAQ: ENVE) shares jumped 11.39% to $15.65 after the company announced its plans to merge with Consolidated Communications (NASDAQ: CNSL).Cosi (NASDAQ: COSI) gained 9.43% to $1.16. Cosi opened its newest restaurant in the Seaport District in Boston, Massachusetts.GoPro (NASDAQ: GPRO) jumped 9.06% to $39.00 after surging 31% in its debut on Thursday.ServiceSource International (NASDAQ: SREV) rose 8.37% to $6.10 after Altai Capital reported a 9.9% stake in ServiceSource.GW Pharmaceuticals plc (NASDAQ: GWPH) gained 6.07% to $101.98 as Piper Jaffray raised the price target on the stock from $97 to $147.Alimera Sciences (NASDAQ: ALIM) climbed 5.28% to $6.28 after the company announced the positive Iluvien outcome for the Repeat-Use Procedure. PPG Industries (NYSE: PPG) shares gained 4.33% to $212.88 after the company announced its plans to buy Consorcio Comex SA de CV for $2.3 billion.Koninklijke Philips NV (NYSE: PHG) gained 3.51% to $31.54 after the company announced its plans to combine its LED and automotive lighting divisions into a standalone company.Yahoo! (NASDAQ: YHOO) surged 2.01% to $34.94 after Piper Jaffray upgraded the stock from Neutral to Overweight and raised the target price from $37 to $43.

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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