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.
- DragonWave, Inc.(USA) (NASDAQ:DRWI) shares dropped 14.7 percent to $0.930. DragonWave reported a Q1 loss of $0.52 per share on revenue of $9 million.
- XCel Brands Inc (NASDAQ:XELB) shares fell 8.8 percent to $3.10.
- TESARO Inc (NASDAQ:TSRO) shares dropped 7.7 percent to $127.66. Tesaro’s sale process is unlikely to result in a deal, according to CNBC's David Faber.
- Amicus Therapeutics, Inc. (NASDAQ:FOLD) shares declined 7 percent to $12.25. Amicus Therapeutics reported a $225 million public offering of common stock.
- Catalyst Pharmaceuticals Inc (NASDAQ:CPRX) shares dipped 6.5 percent to $2.92. Catalyst Pharma announced a $150 million mixed securities shelf offering.
- Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) shares declined 6.4 percent to $23.75 after dropping 2.46 percent on Wednesday.
- Pieris Pharmaceuticals Inc (NASDAQ:PIRS) shares dropped 5.2 percent to $5.63.
- ARC Group WorldWide Inc (NASDAQ:ARCW) shares declined 5.2 percent to $2.75.
- Seagate Technology PLC (NASDAQ:STX) shares fell around 4.6 percent to $37.87. Barclays downgraded Seagate from Equal-Weight to Underweight.
- Silgan Holdings Inc. (NASDAQ:SLGN) dropped 3.2 percent to $31.11. Goldman Sachs downgraded Silgan from Neutral to Sell.
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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