Benzinga's Top #PreMarket Losers

by Benzinga Staff
July 14, 2014 8:16 AM | 25 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.

GT Advanced Technologies (NASDAQ: GTAT) dropped 7.66% to $14.82 in pre-market trading. The decline in the stock may be attributed to cautious comments by CLSA.AbbVie (NYSE: ABBV) shares declined 1.93% to $53.90 in pre-market trading after Shire (NASDAQ: SHPG) confirmed a £53.20 per share offer from AbbVie.Randgold Resources (NASDAQ: GOLD) dipped 1.89% to $87.65 in pre-market trading. Gold futures fell 1.43% to trade at $1,318.30 an ounce.Newmont Mining (NYSE: NEM) fell 1.77% to $25.47 in pre-market trading after gaining 1.93% on Friday.

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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