March 27, 2015 9:43 AM | 2 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.
Olin Corp. (NYSE: OLN) shares jumped 23.57% to $33.60.
Dow Chemical Company (NYSE: DOW) announced its plans to spin off Chlor Alkali unit to merge that unit with Olin.
Oxford Industries Inc. (NYSE: OXM) shares rose 14.22% to $67.97 after the company reported stronger-than-expected earnings for its fourth quarter.
RBC Bearings Inc. (NASDAQ: ROLL) shares gained 13.50% to $70.80 after
Dover (NYSE: DOV) announced its plans to sell Sargent Aerospace & Defense business to RBC Bearings for $500 million.
Voxeljet AG (NYSE: VJET) shares rose 13.81% to $9.24 on Q4 results. The company posted a total comprehensive loss of kEUR 634, or EUR 0.17 per share, versus a year-ago comprehensive loss of kEUR 2,547, or EUR 0.85 per share.
BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) shares climbed 7.40% to $124.10 on rumor of Shire interest. Deutsche Bank lifted the price target on the stock from $90 to $140.
Orexigen Therapeutics, Inc. (NASDAQ: OREX) shares jumped 6.33% to $7.71 following Thursday's EC approval of Mysimba.
Esperion Therapeutics, Inc. (NASDAQ: ESPR) shares rose 5.24% to $93.14. Citigroup assumed Esperion Therapeutics with a Buy rating and a $130.00 price target, according to Reuters.
The Dow Chemical Company (NYSE: DOW) shares gained 5.10% to $48.81 after the company announced its plans to spin off Chlor Alkali unit to merge that unit with
Olin Corp (NYSE: OLN).
Carnival Corporation (NYSE: CCL) shares rose 4.80% to $46.55 on Q1 results. Carnival reported earnings of $0.20 per share on revenue of $3.5 billion.
BlackBerry Limited (NASDAQ: BBRY) shares surged 3.39% to $9.61. BlackBerry posted a surprise profit for the fiscal fourth quarter, but the company's sales missed analysts' estimates.
Yahoo! Inc. (NASDAQ: YHOO) rose 1.66% to $45.21 after the company announced its plans to buy back $2 billion in stock.
Finish Line Inc. (NASDAQ: FINL) shares gained 1.25% to $24.24 after the company reported better-than-expected results for the fiscal fourth quarter.
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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