US Stock Futures Rise Ahead Of ADP Data, Beige Book - Citigroup (NYSE:C), G-III Apparel Group (NASDAQ:GIII)

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.

Pre-open moversUS stock futures traded higher in early pre-market trade. The ADP employment report for August will be released at 8:15 a.m. ET, while nonfarm productivity data for the second quarter will be released at 8:30 a.m. ET. Data on factory orders for July will be released at 10:00 a.m. ET, while the Federal Reserve will release its Beige Book report at 2:00 p.m. ET. Futures for the Dow Jones Industrial Average jumped 99.5 points to 16,186.5, while the Standard & Poor's 500 index futures rose 10.45 points to 1,926.45. Futures for the Nasdaq 100 index surged 22.55 points to 4,180.80.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

A Peek Into Global MarketsEuropean markets were mostly higher today, with the Spanish Ibex Index falling 0.19 percent, STOXX Europe 600 Index gaining 0.01 percent and German DAX 30 index rising 0.25 percent. French CAC 40 Index climbed 0.28 percent and London's FTSE 100 Index gained 0.34 percent.In Asian markets, Japan's Nikkei Stock Average fell 0.39 percent, Hong Kong's Hang Seng Index dropped 1.18 percent, China's Shanghai Composite Index slipped 0.20 percent and India's BSE Sensex declined 0.95 percent.Broker RecommendationAnalysts at Morgan Stanley upgraded

General Mills, Inc. (NYSE: GIS) from Underweight to Equal-weight and raised the price target from $53.00 to $56.00.General Mills shares rose 0.86 percent to $56.04 in after-hours trading.Breaking news

Citigroup Inc (NYSE: C) today signed an agreement with Erste Bank Hungary Zrt. and its subsidiary Erste Befektetési Zrt. (Erste Investment) to sell its consumer banking business in Hungary. To read the full news, click here.
Xcel Brands, Inc. (NASDAQ: XELB) announced today that it has entered into an exclusive agreement and innovative strategic partnership with Hudson's Bay and Lord & Taylor. To read the full news, click here.
H & R Block Inc (NYSE: HRB) reported a narrower-than-expected loss for its fiscal first quarter. The company also announced a $3.5 billion share buyback program and new capital structure plans. To read the full news, click here.
G-III Apparel Group, Ltd. (NASDAQ: GIII) reported better-than-expected results for its fiscal second quarter and raised its full-year earnings forecast. To read the full news, click here.