27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Gainers
BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX) shares gained 13.95 percent to $2.94 in pre-market trading as the company reported study results from Zika virus infected mice treated with BCX4430 to be presented at the WHO conference.
Chesapeake Energy Corporation (NYSE: CHK) shares rose 8.27 percent to $5.50 in pre-market trading after surging 19.20 percent on Friday.
Marathon Oil Corporation (NYSE: MRO) shares rose 2.63 percent to $11.30 in pre-market trading after gaining 10.43 percent on Friday.
E I Du Pont De Nemours And Co (NYSE: DD) rose 2.48 percent to $64.75 in pre-market trading. BASF SE (ADR) (OTC: BASFY) is considering making a counter bid for DuPont, according to sources as reported by Bloomberg on Friday.
Praxair, Inc. (NYSE: PX) shares rose 1.11 percent to $110.00 in pre-market trading after gaining 2.76 percent on Friday.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Losers
Seadrill Ltd (NYSE: SDRL) shares fell 11.71 percent to $5.28 in pre-market trading after jumping 121.48 percent on Friday.
Vanguard Natural Resources, LLC (NASDAQ: VNR) shares fell 6.13 percent to $2.45 in pre-market trading after the company reported weak Q4 sales and suspended common and preferred distributions.
Micron Technology, Inc. (NASDAQ: MU) shares fell 3.45 percent to $11.47 in pre-market trading. Nomura downgraded Micron from Neutral to Reduce and lowered the price target to $8.00.
Royal Caribbean Cruises Ltd (NYSE: RCL) shares fell 2.07 percent to $72.50 in pre-market trading after dropping 2.19 percent on Friday.
Wynn Resorts, Limited (NASDAQ: WYNN) shares fell 1.69 percent to $84.00 in pre-market trading. UBS upgraded Wynn Resorts from Neutral to Buy and raised the price target to $95.00.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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