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
- Sunworks Inc (NASDAQ: SUNW) shares rose 16.74 percent to $2.65 in pre-market trading after the company reported $24 million in new commercial orders.
- SolarCity Corp (NASDAQ: SCTY) shares rose 15.10 percent to $24.39 in pre-market trading after Tesla Motors announced a proposed deal to acquire SolarCity that valued the company somewhere between $26.50 and $28.50 per share.
- AlarmCom Hldg Inc (NASDAQ: ALRM) rose 8.48 percent to $25.33 in pre-market trading after dropping 6.75 percent on Tuesday.
- Eleven Biotherapeutics Inc (NASDAQ: EBIO) shares rose 7.30 percent to $2.50 in pre-market trading after gaining 4.95 percent on Tuesday.
- Winnebago Industries, Inc. (NYSE: WGO) rose 6.43 percent to $23.00 in pre-market trading as the company reported better-than-expected Q3 earnings.
- Anavex Life Sciences Corp. (NASDAQ: AVXL) shares rose 3.55 percent to $4.38 in pre-market trading as the company revealed Tuesday that the Food and Drug Administration's Office of Orphan Product Development has granted Orphan Drug Designation to its ANAVEX 2-73 for infantile spasms treatment.
- Paratek Pharmaceuticals Inc (NASDAQ: PRTK) rose 2.03 percent to $13.55 in pre-market trading. Paratek Pharma priced its 4.25 million share offering at $13 per share.
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Losers
- Tesla Motors Inc (NASDAQ: TSLA) shares fell 11.50 percent to $194.35 in pre-market trading after the company proposed a deal to acquire SolarCity.
- Inovio Pharmaceuticals Inc (NASDAQ: INO) fell 10.30 percent to $10.10 in pre-market trading after gaining 0.54 percent on Tuesday.
- QEP Resources Inc (NYSE: QEP) shares fell 6.26 percent to $18.11. QEP Resources priced its 20 million share offering for total gross proceeds of $422.1 million.
- Adobe Systems Incorporated (NASDAQ: ADBE) shares fell 3.68 percent to $96.05 in pre-market trading. Adobe reported better-than-expected earnings for the second quarter, but issued a disappointing revenue forecast.
- HP Inc (NYSE: HPQ) shares fell 1.35 percent to $13.15 in pre-market trading. HP raised its earnings outlook for the third quarter. The company projects adjusted earnings of $0.43 to $0.46 per share for the quarter.
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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