Benzinga's Top Initiations


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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  • Analysts at Canaccord Genuity initiated coverage on Netflix, Inc. (NASDAQ: NFLX) with a Buy rating. The target price for Netflix is set to $120. Netflix shares rose 3.63 percent to $94.80 in pre-market trading.
  • Analysts at Susquehanna initiated coverage on Celanese Corporation (NYSE: CE) with a Positive rating. Celanese shares closed at $65.45 on Thursday.
  • Summit Redstone Partners initiated coverage of Barracuda Networks Inc (NYSE: CUDA) with a Hold rating. Barracuda Networks shares closed at $15.14 on Thursday.
  • DA Davidson initiated coverage on Acme United Corporation (NYSE: ACU) with a Buy rating. Acme United shares closed at $18.30 on Thursday.
  • Analysts at Stifel Nicolaus initiated coverage of Aldeyra Therapeutics Inc (NASDAQ: ALDX) with a Buy rating. Aldeyra Therapeutics shares closed at $5.69 on Thursday.
  • Analysts at Compass Point initiated coverage on Texas Capital Bancshares Inc (NASDAQ: TCBI) with a Buy rating. Texas Capital Bancshares shares closed at $46.76 on Thursday.
  • Analysts at Susquehanna initiated coverage of Eastman Chemical Company (NYSE: EMN) with a Positive rating. Eastman Chemical shares closed at $67.90 on Thursday.
  • Analysts at FBR Capital initiated coverage on Banc of California Inc (NYSE: BANC) with a Market Perform rating. Banc of California shares closed at $18.10 on Thursday.
  • Analysts at Argus Research initiated coverage on Royal Bank of Canada (NYSE: RY) with a Buy rating. The target price for Royal Bank of Canada is set to $69. Royal Bank of Canada shares closed at $59.09 on Thursday.
  • Cowen & Company initiated coverage on Fortive Corp (NYSE: FTV) with a Market Perform rating. The target price for Fortive is set to $46. Fortive shares rose 1.35 percent to close at $64.55 on Thursday.

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.


Posted In: InitiationAnalyst RatingsTop Initiations