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.


 

  • Ascendiant Capital Markets initiated coverage on MGT Capital Investments Inc. (NYSE: MGT) with a Buy rating. The price target for MGT Capital Investments is set to $6. MGT Capital Investments shares rose 5.35 percent to $3.35 in pre-market trading.
  • Analysts at Goldman Sachs initiated coverage on Lifelock Inc (NYSE: LOCK) with a Neutral rating. The price target for Lifelock is set to $18. Lifelock shares rose 0.18 percent to close at $17.06 on Friday.
  • Wedbush initiated coverage of Audentes Therapeutics Inc (NASDAQ: BOLD) with an Outperform rating. The price target for Audentes Therapeutics is set to $20. Audentes Therapeutics shares fell 1.80 percent to close at $14.70 on Friday.
  • Analysts at Needham initiated coverage on IMPINJ Inc (NASDAQ: PI) with a Buy rating. IMPINJ shares gained 7.56 percent to $21.48 in pre-market trading.
  • Analysts at Raymond James initiated coverage on Patheon NV (NYSE: PTHN) with an Outperform rating. The price target for Patheon is set to $32.50. Patheon shares gained 1.85 percent to $27.50 in pre-market trading.
  • Analysts at Wells Fargo initiated coverage on AdvancePierre Foods Holdings Inc (NYSE: APFH) with an Outperform rating. AdvancePierre Foods shares closed at $24.97 on Friday.
  • Analysts at JP Morgan initiated coverage of Diebold Inc (NYSE: DBD) with a Neutral rating. Diebold shares closed at $28.17 on Friday.
  • Analysts at Cowen & Company initiated coverage on GlycoMimetics Inc (NASDAQ: GLYC) with an Outperform rating. GlycoMimetics shares closed at $8.02 on Friday.
  • Analysts at Morgan Stanley assumed Symantec Corporation (NASDAQ: SYMC) with an Overweight rating. The price target for Symantec is set to $27. Symantec shares closed at $22.54 on Friday.
  • RBC Capital initiated coverage on IMPINJ Inc (NASDAQ: PI) with an Outperform rating. IMPINJ shares gained 7.56 percent to $21.48 in pre-market trading.

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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Posted In: InitiationAnalyst RatingsTop Initiations