Morning Market 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.


Net Element (NASDAQ: NETE) declined 24.89% to $4.28. Net Element has eliminated $15 million of debt from its balance sheet.NPS Pharmaceuticals (NASDAQ: NPSP) shares dipped 12.26% to $28.69. The FDA has voted 8-5 in favor of NPS Pharmaceuticals' Natpara.Bankrate (NYSE: RATE) slipped 10.58% to $12.36 after the company named Steven Barnhart as interim Chief Financial Officer and announced the SEC investigation relating to 2012 financial reporting.Achillion Pharmaceuticals (NASDAQ: ACHN) shares fell 9.85% to $10.98 after dropping 3.87% on Friday.Terex (NYSE: TEX) shares dropped 6.40% to $32.48 after the company lowered its 2014 earnings forecast.MDU Resources Group (NYSE: MDU) shares fell 5.60% to $28.48 after the company cut its 2014 earnings outlook.Cree (NASDAQ: CREE) declined 3.54% to $41.17. Goldman Sachs downgraded from Buy to Neutral and lowered the target price from $60 to $48.Symantec (NASDAQ: SYMC) shares slipped 2.41% to $23.94. Analysts at RBC Capital downgraded Symantec from Outperform to Sector Perform.Gilead Sciences (NASDAQ: GILD) shares declined 1.76% to $101.84 after the company reported that it has signed licensing agreements with seven India-based generic pharmaceutical manufacturers to expand access to its hepatitis C treatments in developing countries.

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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