October 16, 2015 11:55 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.
(NYSE: YOKU) shares climbed 22.27 percent to $24.98. The volume of Youku Tudou shares traded was 2362 percent higher than normal.
Alibaba Group Holding Ltd (NYSE: BABA) announced a $3.5 billion takeover bid for Youku Tudou.
Natus Medical Inc (NASDAQ: BABY) shares rose 6.56 percent to $43.21. The volume of Natus Medical shares traded was 731 percent higher than normal. Natus Medical announced a supply agreement totaling $232.5 million with the Ministry of Health of Venezuela. Natus Medical is expected to report Q3 results on October 21st.
Weibo Corp (ADR) (NASDAQ: WB) surged 13.11 percent to $15.53. The volume of Weibo shares traded was 689 percent higher than normal. Weibo shares have dropped 23.85 percent over the past 52 weeks, while the S&P 500 index has gained 7.27 percent in the same period.
Concordia Healthcare Corp (NASDAQ: CXRX) shares moved up 4.40 percent to $33.00. The volume of Concordia Healthcare traded was 371 percent higher than normal. Concordia Healthcare's trailing-twelve-month operating margin is 42.87 percent.
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.