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.
- MarineMax Inc (NYSE:HZO) shares tumbled 20 percent to $15.80 after the company reported downbeat Q3 results and lowered its FY17 earnings outlook.
- China Lending Corp (NASDAQ:CLDC) shares dropped 19.1 percent to $2.60.
- A Schulman Inc (NASDAQ:SHLM) shares declined 18.7 percent to $25.30 after the company cut its FY17 adjusted earnings forecast.
- Smart Sand Inc (NASDAQ:SND) fell 16.2 percent to $6.60. Credit Suisse downgraded Smart Sand from Outperform to Neutral.
- Insteel Industries Inc (NASDAQ:IIIN) shares dipped 15.2 percent to $27.50 on Q3 results. Insteel reported Q3 earnings of $0.36 per share on sales of $96.9 million.
- Adomani Inc (NASDAQ:ADOM) shares declined 12.5 percent to $9.20.
- Fairmount Santrol Holdings Inc (NASDAQ:FMSA) shares dropped 11.4 percent to $3.43. Credit Suisse downgraded Fairmount Santrol from Outperform to Neutral, while Goldman Sachs downgraded the stock from Neutral to Sell.
- Inovio Pharmaceuticals Inc (NASDAQ:INO) shares tumbled 10.6 percent to $6.06 after dropping 13.41 percent on Wednesday. Inovio priced its 12.5 million share offering at $6.00 per share.
- Alliance Data Systems Corporation (NYSE:ADS) dropped 9.8 percent to $237.73. Alliance Data posted upbeat quarterly earnings, but sales missed estimates. Alliance Data lowered its FY17 core earnings outlook.
- Benchmark Electronics, Inc. (NYSE:BHE) fell 9.2 percent to $ 31.75. Benchmark Electronics reported Q2 adjusted earnings of $0.38 per share on revenue of $617 million.
- Pool Corporation (NASDAQ:POOL) shares declined 9 percent to $107.29 after reporting downbeat Q2 earnings.
- Stewart Information Services Corp (NYSE:STC) fell 8.8 percent to $42.26 as the company posted weak Q2 results.
- PTC Inc (NASDAQ:PTC) dropped 7.8 percent to $54.32 after the company issued a weak outlook.
- Regulus Therapeutics Inc (NASDAQ:RGLS) shares fell 7.3 percent to $0.890. Regulus announced the pricing of public offering of common stock.
- Check Point Software Technologies Ltd. (NASDAQ:CHKP) shares dropped 7.2 percent to $ 107.34. Check Point posted upbeat Q2 earnings. The company expects Q3 adjusted earnings of $1.18 to $1.28 per share, on revenue of $430 million-$465 million. Analysts were projecting earnings of $1.28 per share on revenue of $463 million.
- Western Gas Partners, LP (NYSE:WES) shares fell 6.2 percent to $53.15 after gaining 0.51 percent on Wednesday.
- Gladstone Commercial Corporation (NASDAQ:GOOD) slipped 5.9 percent to $20.44. Gladstone Commercial reported a common stock offering.
- C.H. Robinson Worldwide Inc (NASDAQ:CHRW) shares fell 5.5 percent to $64.93 after the company posted downbeat Q2 profit.
- QUALCOMM, Inc. (NASDAQ:QCOM) fell 5.1 percent to $53.89. QUALCOMM reported a 40 percent profit slump as it remains embroiled in a patent battle with Apple. The company posted upbeat earnings for its third quarter, but issued a weak earnings forecast for the fourth quarter.
- ABB Ltd (ADR) (NYSE:ABB) fell 3 percent to $24.37 after the company reported Q2 results.
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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