Valeant Pharmaceuticals Trading Higher


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.


Valeant Pharmaceuticals Intl Inc (NYSE: VRX) shares are trading higher by $5 at $98.77 in Monday's session.


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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A dire warning from Citron's Andrew Left along with a Jefferies downgrade has not instigated another leg lower in the volatile issue. Instead, it managed to trek higher, and after a brief retreat to $94.50, was able to climb back into triple digits, reaching $102.89 before falling falling back under $100.

The low for the current down move stands at $88.50; the lowest close for the move was on Friday at $93.77.

Posted In: Short SellersTechnicalsIntraday UpdateMoversTrading IdeasAndrew LeftCitronJefferiesPre-market outlook