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
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- VMware, Inc. (NYSE: VMW) shares rose 8.5 percent to $67.90 in pre-market trading after the company reported better-than-expected results for its second quarter.
- Eleven Biotherapeutics Inc (NASDAQ: EBIO) rose 4 percent to $2.63 in pre-market trading after surging 9.52 percent on Monday.
- Johnson & Johnson (NYSE: JNJ) rose 2.5 percent to $126.15 in pre-market trading after the company reported stronger-than-expected Q2 results and lifted its guidance for the full year.
- Capital Product Partners L.P. (NASDAQ: CPLP) shares rose 2.2 percent to $3.75 in pre-market trading after surging 7.62 percent on Monday.
- Lockheed Martin Corporation (NYSE: LMT) rose 1.5 percent to $260.00 in the pre-market trading session after the company reported better-than-expected results for its second quarter and raised its FY16 guidance.
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Losers
- Super Micro Computer, Inc. (NASDAQ: SMCI) shares fell 22.9 percent to $20.30 in pre-market trading after the company lowered its Q4 forecast and announced a $100 million buyback plan.
- Netflix, Inc. (NASDAQ: NFLX) shares fell 13.3 percent to $85.65 in the pre-market trading session. Netflix posted upbeat earnings for its second quarter, but the company reported weak subscriber growth for the quarter. Netflix added 1.7 million subscribers worldwide during the quarter, well short of the company’s projections.
- Tower Semiconductor Ltd. (USA) (NASDAQ: TSEM) shares fell 4.5 percent to $12.80 in pre-market trading. Audio Pixels and TowerJazz reported an agreement for the mass production of groundbreaking, high performance MEMS-based loudspeaker chip.
- Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) fell 3.9 percent to $7.25 in pre-market trading after the company reported Q2 results.
- Ryerson Holding Corp (NYSE: RYI) shares fell 3 percent to $18.83 in pre-market trading as the company reported a 5 million share common stock offering.
- Philip Morris International Inc. (NYSE: UNH) shares fell 2 percent to $101.00 in pre-market trading after the company reported downbeat Q2 earnings.
- Yahoo! Inc. (NASDAQ: YHOO) shares fell 1.2 percent to $37.52 in pre-market trading. Yahoo! reported weaker-than-expected adjusted earnings for its second quarter on Monday. The company’s revenue increased 5.2 percent to $1.31 billion during 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.