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.
Top Upgrades
- Raymond James upgraded PacWest Bancorp (NASDAQ:PACW) from Outperform to Strong Buy. PacWest Banc shares fell 2.19 percent to close at $51.72 on Wednesday.
- Citigroup upgraded BCE Inc. (USA) (NYSE:BCE) from Neutral to Buy. BCE shares fell 0.11 percent to $44.50 in pre-market trading.
- Analysts at Piper Jaffray upgraded ABIOMED, Inc. (NASDAQ:ABMD) from Neutral to Overweight. Abiomed shares fell 0.55 percent to close at $123.40 on Wednesday.
- Evercore ISI Group upgraded Cardinal Health Inc (NYSE:CAH) to Outperform. Cardinal Health shares rose 0.41 percent to $80.86 in pre-market trading.
- Analysts at Rodman & Renshaw upgraded Superconductor Technologies, Inc. (NASDAQ:SCON) to Buy. Superconductor Technologies shares gained 16.44 percent to $1.70 in pre-market trading.
- UBS upgraded First Hawaiian Inc (NASDAQ:FHB) from Sell to Neutral. First Hawaiian shares dropped 2.07 percent to close at $28.90 on Wednesday.
- Analysts at JMP Securities upgraded NetApp Inc. (NASDAQ:NTAP) from Market Underperform to Market Perform. NetApp shares rose 0.24 percent to $41.00 in pre-market trading.
- Analysts at Morgan Stanley upgraded DXC Technology Company (NYSE:DXC) from Equal-Weight to Overweight. DXC Technology shares gained 0.98 percent to $72.49 in pre-market trading.
- Analysts at Longbow Research upgraded Masco Corp (NYSE:MAS) from Neutral to Buy. Masco shares fell 0.57 percent to close at $33.08 on Wednesday.
Top Downgrades
- Analysts at Wells Fargo downgraded 8Point3 Energy Partners LP (NASDAQ:CAFD) from Outperform to Market Perform. 8point3 Energy Partners shares fell 15.14 percent to $11.21 in pre-market trading.
- RBC Capital downgraded Panera Bread Co (NASDAQ:PNRA) from Outperform to Sector Perform. Panera Bread shares fell 0.19 percent to $312.35 in pre-market trading.
- Analysts at Morgan Stanley downgraded Air Lease Corp (NYSE:AL) from Overweight to Equal-Weight. Air Lease shares fell 0.26 percent to close at $38.07 on Tuesday.
- JP Morgan downgraded Bunge Ltd (NYSE:BG) from Neutral to Underweight. Bunge shares dropped 1.53 percent to $76.14 in pre-market trading.
- Analysts at Jefferies downgraded Ultragenyx Pharmaceutical Inc (NASDAQ:RARE) from Buy to Hold. Ultragenyx Pharmaceutical shares fell 1.73 percent to $60.64 in pre-market trading.
- Deutsche Bank downgraded T-Mobile US Inc (NASDAQ:TMUS) from Buy to Hold. T-Mobile shares fell 1.48 percent to $62.56 in pre-market trading.
- Mizuho downgraded Jazz Pharmaceuticals plc (NASDAQ:JAZZ) from Buy to Neutral. Jazz Pharmaceuticals shares rose 6.51 percent to $149.80 in pre-market trading.
- Raymond James downgraded Signature Bank (NASDAQ:SBNY) from Strong Buy to Outperform. Signature Bank shares closed at $142.71 on Friday.
- Citigroup downgraded Synergy Pharmaceuticals Inc (NASDAQ:SGYP) from Neutral to Sell. Synergy Pharmaceuticals shares fell 5.1 percent to $4.10 in pre-market trading.
Top Initiations
- Analysts at Argus initiated coverage on Sanofi SA (ADR) (NYSE:SNY) with a Buy rating. The price target for Sanofi is set to $50. Sanofi shares closed at $45.28 on Wednesday.
- Analysts at Wunderlich initiated coverage on InnerWorkings, Inc. (NASDAQ:INWK) with a Buy rating. The price target for InnerWorkings is set to $12. InnerWorkings shares closed at $9.70 on Wednesday.
- Analysts at William Blair initiated coverage on Retrophin Inc (NASDAQ:RTRX) with an Outperform rating. Retrophin shares closed at $17.75 on Wednesday.
- Analysts at Goldman Sachs initiated coverage of Advanced Micro Devices, Inc. (NASDAQ:AMD) with a Sell rating. The price target for Advanced Micro Devices is set to $11. Advanced Micro Devices shares closed at $14.17 on Wednesday.
- Analysts at Rodman & Renshaw initiated coverage of Rexahn Pharmaceuticals, Inc. (NYSE:RNN) with a Buy rating. The price target for Rexahn Pharmaceuticals is set to $2. Rexahn Pharmaceuticals shares closed at $0.617 on Wednesday.
- Analysts at UBS initiated coverage on SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) with a Buy rating. The price target for SS&C Technologies is set to $41. SS&C Technologies shares closed at $34.94 on Wednesday.
- Analysts at Goldman Sachs initiated coverage on Six Flags Entertainment Corp (NYSE:SIX) with a Neutral rating. The price target for Six Flags is set to $65. Six Flags shares closed at $57.59 on Wednesday.
- Wells Fargo initiated coverage on Keysight Technologies Inc (NYSE:KEYS) with an Outperform rating. Keysight Technologies shares closed at $36.26 on Wednesday.
- Analysts at Goldman Sachs initiated coverage on SeaWorld Entertainment Inc (NYSE:SEAS) with a Sell rating. The price target for SeaWorld is set to $16. SeaWorld shares closed at $17.94 on Wednesday.
- Citigroup initiated coverage on Shaw Communications Inc (USA) (NYSE:SJR) with a Sell rating. Shaw Communications shares closed at $20.59 on Wednesday.
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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