Gainers
- Conatus Pharmaceuticals Inc (NASDAQ: CNAT) rose 35 percent to $2.36 in pre-market trading after gaining 4.17 percent on Monday.
- Windtree Therapeutics Inc (NASDAQ: WINT) rose 31.4 percent to $2.89 in pre-market trading after announcing the FDA Fast Track designation for AEROSURF.
- DTS Inc. (NASDAQ: DTSI) shares rose 21.6 percent to $41.76 in pre-market trading. Tessera Technologies, Inc. (NASDAQ: TSRA) and DTS, Inc. reached a definitive agreement through which the former would buy the latter for $42.50 a share in cash.
- Sarepta Therapeutics Inc (NASDAQ: SRPT) rose 7 percent to $52.38 in pre-market trading after surging 73.85 percent on Monday. Cowen & Co. upgraded Sarepta from Market Perform to Outperform.
- AirMedia Group Inc (ADR) (NASDAQ: AMCN) rose 6.5 percent to $3.27 in pre-market trading after gaining 3.02 percent on Monday.
- Amphastar Pharmaceuticals Inc (NASDAQ: AMPH) rose 5.8 percent to $20.11 in the pre-market trading. Amphastar Pharmaceuticals will replace Cirrus Logic, Inc. (NASDAQ: CRUS) in the S&P SmallCap 600 after the close of trading on September 21.
- Puma Biotechnology Inc (NYSE: PBYI) rose 5.1 percent to $61.95 in pre-market trading after the company reported the FDA acceptance of NDA for PB272 for extended adjuvant treatment of HER2-positive early stage breast cancer.
- Everbridge, Inc. (NASDAQ: EVBG) shares rose 4.2 percent to $17.20 in pre-market trading after gaining 8.20 percent on Monday.
- Community Health Systems (NYSE: CYH) shares rose 3.7 percent to $11.50 in pre-market trading as Reuters reported that Apollo Global Management LLC (NYSE: APO) is in talks to buy company.
- Hortonworks Inc (NASDAQ: HDP) shares rose 2.5 percent to $7.88 in pre-market trading. Hortonworks and IBM reported the collaboration to offer open source distribution on power systems.
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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Losers
- Ascena Retail Group Inc (NASDAQ: ASNA) fell 24.5 percent to $6.13 in pre-market trading after the company reported downbeat earnings for its fourth quarter and issued a weak forecast for the first quarter.
- HNI Corp (NYSE: HNI) shares fell 11.4 percent to $48.01 in pre-market trading after the company lowered its Q3 and FY earnings outlook.
- Encana Corp (USA) (NYSE: ECA) fell 6.4 percent to $9.23 in pre-market trading driven by the announcement of a public offering of 107 million shares. The company said half of the net proceeds will be used to fund a portion of next year’s capital program, and the other half to pay down debt.
- SeaWorld Entertainment Inc (NYSE: SEAS) shares fell 6.2 percent to $11.91 in pre-market trading. SeaWorld trimmed its quarterly dividend by more than 52 percent, to $0.10 per share, and announced that this would be the last payment before suspending it.
- Oclaro, Inc. (NASDAQ: OCLR) shares fell 5 percent to $8.65 in pre-market trading following the company’s announcement that it would offer 13 million newly-issued shares of common stock. Management said it intends to use the proceeds for general purposes.
- Chesapeake Energy Corporation (NYSE: CHK) shares fell 3.8 percent to $6.55 in pre-market trading as Carl Icahn reduced Stake in the company from over 9 percent to 4.55 percent.
- Aquinox Pharmaceuticals Inc (NASDAQ: AQXP) shares fell around 2 percent to $12.44 in pre-market trading. Aquinox priced its 5.35 million share public offering at $12.25 per share.
- Trinseo S.A. (NYSE: TSE) shares fell 2 percent to $54.70 in pre-market trading as the company reported an offering of 10.67 million shares via selling shareholders.
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.