December 23, 2014 9:54 AM | 1 min read |
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.
Peerless Systems Corp. (NASDAQ: PRLS) shares jumped 26.72% to $6.82 after the company agreed to be acquired by Mobius Acquisition, LLC for $7.00 per share in cash.
Vanda Pharmaceuticals, Inc. (NASDAQ: VNDA) shares climbed 22.42% to $14.58 after the company announced its plans to acquire rights to Phase II clinical compound from
Novartis (NYSE: NVS). Novartis will purchase $25 million of Vanda common stock.
NQ Mobile Inc. (NYSE: NQ) shares climbed 21.10% to $4.19 following news that the company has authorized an $80 million share buyback program.
China Finance Online Co., Ltd. (NASDAQ: JRJC) shares rose 14.87% to $6.11 following Q3 earnings. China Finance Online reported a Q3 loss of $0.11 per share on revenue of $21.10 million.
Cytokinetics, Incorporated (NASDAQ: CYTK) shares gained 8.78% to $5.33 after the company announced an expansion deal for the development of CK-2127107.
Chesapeake Energy Corporation (NYSE: CHK) shares gained 5.37% to $19.41 after the company announced a $1 billion buyback plan. The company also closed the sale of Southern Marcellus and Utica Shale assets for net proceeds of $4.975 billion.
GoPro, Inc. (NASDAQ: GPRO) shares rose 5.07% to $60.94 following Monday's 7.61% gain. Shares surged amid a positive research note from Wedbush.
Radian Group Inc. (NYSE: RDN) shares rose 2.83% to $16.74 after the company announced its plans to sell its Radian Asset Assurance subsidiary to
Assured Guaranty Ltd. (NYSE: AGO) for $810 million in cash.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.