July 2, 2015 10:21 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.
Applied Genetic Technologies Corp (NASDAQ: AGTC) shares climbed 16.48 percent to $18.94. The volume of Applied Genetic Technologies shares traded was 7907 percent higher than normal.
Biogen Inc (NASDAQ: BIIB) and AGTC announced entering into a collaboration related to the development of gene therapies in ophthalmology.
Xoom Corp (NASDAQ: XOOM) surged 22.22 percent to $25.30. The volume of Xoom shares traded 3582 percent higher than normal. Xoom agreed to be acquired by Paypal for $890 million, or $25 per share.
Health Net, Inc. (NYSE: HNT) shares moved up 12.77 percent to $73.37. The volume of Health Net traded was 2357 percent higher than normal.
Centene Corp (NYSE: CNC) announced its plans to acquire Health Net.
Progress Software Corporation (NASDAQ: PRGS) shares rose 5.61 percent to $29.73. The volume of Progress Software shares traded was 400 percent higher than normal. Progress Software reported better-than-expected earnings for its fiscal second quarter and lifted its FY15 earnings outlook on Wednesday.
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.