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
Synacor Inc (NASDAQ: SYNC) shares rose 141.13 percent to $3.40 in pre-market trading following AT&T Inc. (NYSE: T) contract.
Legacy Reserves LP (NASDAQ: LGCY) shares rose 27.35 percent to $3.12 in pre-market trading. Legacy Reserves reported Q1 earnings of $1.47 per share on revenue of $65.859 million.
Zynga Inc (NASDAQ: ZNGA) shares rose 13.91 percent to $2.62 in pre-market trading as the company reported better-than-expected earnings for its first quarter.
Kraft Heinz Co (NASDAQ: KHC) rose 5.65 percent to $84.50 in pre-market trading as the company reported better-than-expected Q1 earnings.
Regeneron Pharmaceuticals Inc (NASDAQ: REGN) shares rose 3.29 percent to $372.51 in the pre-market trading session as the company reported stronger-than-expected quarterly results.
Alibaba Group Holding Ltd (NYSE: BABA) rose 2.93 percent to $78.00 in pre-market trading as the company reported better-than-expected quarterly sales.
Tesla Motors Inc (NASDAQ: TSLA) rose 2.76 percent to $228.70 in pre-market trading as the company reported a narrower-than-expected loss for its first quarter on Wednesday.
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Losers
Fitbit Inc (NYSE: FIT) shares fell 10.23 percent to $15.35 in pre-market trading. Fitbit reported better-than-expected results for its first quarter, but issued a weak guidance for the current quarter.
L Brands Inc (NYSE: LB) shares fell 6.21 percent to $75.20 in pre-market trading reported that its comparable store sales witnessed 1 percent growth in April. The net sales also grew 2 percent to $737.5 million for the four weeks ended April 30.
Avon Products, Inc. (NYSE: AVP) shares fell 4.42 percent to $4.11 in pre-market trading as the company reported a wider-than-expected Q1 loss.
Tripadvisor Inc (NASDAQ: TRIP) fell 3.06 percent to $61.20 in pre-market trading as the company reported weaker-than-expected results for its first quarter on Wednesday.
Costco Wholesale Corporation (NASDAQ: COST) shares fell 2.09 percent to $148.35 in pre-market trading. Costco’s net sales rose 3 percent to $8.98 billion for the month of April.
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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