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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- Chemtura Corp (NYSE: CHMT) surged 15.7 percent to $32.59. The volume of Chemtura shares traded was 4669 percent higher than normal. LANXESS AG NPV (OTC: LNXSF) announced Sunday, it has signed a contract to acquire Chemtura for $33.50 per share in cash or $2.5 billion.
- GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) shares moved up 15.8 percent to $124.50. The volume of GW Pharmaceuticals traded was 922 percent higher than normal. GW Pharmaceuticals revealed Epidiolex has achieved primary endpoint in treating Lennox-Gastaut syndrome. The positive results came from its randomized, double-blind and placebo-controlled final stage clinical study.
- Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) shares gained 11.2 percent to $14.08. The volume of Zynerba Pharmaceuticals shares traded was 831 percent higher than normal. Jefferies reiterated Buy rating and $32 price target on Zynerba Pharmaceuticals..
- Actua Corp (NASDAQ: ACTA) shares rose 14.8 percent to $11.78. The volume of Actua shares traded was 779 percent higher than normal. Actua reported a deal to sell GovDelivery to an investor group led by Vista Equity Partners for $153 million in cash.
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.