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
Pernix Therapeutics Holdings Inc (NASDAQ: PTX) shares rose 69.31 percent to $1.270 in pre-market trading following Friday's report of a 5.8 percent Stake by Point 72.
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!
Opower Inc (NYSE: OPWR) rose 24.84 percent to $9.90 in pre-market trading. Oracle Corporation (NYSE: ORCL) announced plans to acquire Opower for $10.30 per share in cash.
Apollo Education Group Inc (NASDAQ: APOL) shares rose 12.18 percent to $8.75 in pre-market trading after the company confirmed it has received a revised buyout offer. Apollo Education said a consortium of investors led by the Vistria Group and Apollo Global Management offered to acquire the company for $10.00 per share.
ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) rose 6.04 percent to $34.25 in pre-market trading following the Friday's FDA approval of NUPLAZID.
Wynn Resorts, Limited (NASDAQ: WYNN) shares rose 2.49 percent to $90.50 in pre-market trading. Macau Gaming Inspection and Coordination Bureau reported a 9.5 percent year-over-year drop in April gross gaming revenue.
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Losers
BIND Therapeutics Inc (NASDAQ: BIND) shares fell 64.56 percent to $0.51 in pre-market trading as the company disclosed that it opted to file for a voluntary petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware in the United States..
Ultra Petroleum Corp. (NYSE: UPL) shares fell 51.63 percent to $0.15 in pre-market trading. Ultra Petroleum has filed for Chapter 11 bankruptcy, Reuters reported.
NephroGenex Inc (NASDAQ: NRX) fell 27.08 percent to $0.350 in pre-market trading as the company reported that it has commenced voluntary Chapter 11 proceeding. The company is looking to begin sale process under Section 363.
Paragon Shipping Inc. (NASDAQ: PRGN) shares fell 18.18 percent to $2.16 in pre-market trading following report of a non-timely 20-F filing.
Groupon Inc (NASDAQ: GRPN) shares fell 1.66 percent to $3.56 in pre-market trading after dropping 18.28 percent on Friday. RBC Capital downgraded Groupon from Sector Perform to Underperform.
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.