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.
Gainers
Sunedison Inc (NYSE: SUNE) shares rose 40.57 percent to $0.520 in pre-market trading after the company reported the completion of an investigation conducted by the Board of Director's audit committee and independent directors. The committee found no identified material misstatements in the company's historical financial statements and no substantial evidence to support a finding of fraud or willful misconduct of management.
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Repros Therapeutics Inc (NASDAQ: RPRX) rose 14.67 percent to $2.58 in pre-market trading after surging 175.40 percent on Wednesday.
Bio Blast Pharma Ltd (NASDAQ: ORPN) shares rose 7.76 percent to $2.50 in pre-market trading after gaining 3.57 percent on Wednesday.
Polycom Inc (NASDAQ: PLCM) shares rose 5.91 percent to $12.55 in pre-market trading after gaining 2.78 percent on Wednesday.
Chipotle Mexican Grill, Inc. (NYSE: CMG) shares rose 3.45 percent to $460.00 in pre-market trading. JP Morgan upgraded Chipotle from Neutral to Overweight and raised the price target from $465.00 to $510.00.
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Wynn Resorts, Limited (NASDAQ: WYNN) rose 3.38 percent to $100.98 in pre-market trading as Steve reported 72K share acquisition in Form 4 filing Wednesday.
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Losers
Pier 1 Imports Inc (NYSE: PIR) shares fell 10.08 percent to $6.60 in pre-market trading. Pier 1 reported better-than-expected earnings for the fourth quarter, but the company issued a weak forecast for earnings.
Seagate Technology PLC (NASDAQ: STX) shares fell 9.08 percent to $30.85 in pre-market trading as the company lowered its revenue and adjusted gross margin guidance for the third quarter. The company projected revenue of around $2.6 billion and adjusted gross margin of 23 percent.
Western Digital Corp (NASDAQ: WDC) shares fell 3.57 percent to $43.20 in pre-market trading after rising 1.89 percent on Wednesday.
ARM Holdings plc (ADR) (NASDAQ: ARMH) shares fell 2.28 percent to $43.21 in pre-market trading after gaining 1.21 percent 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.