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.
- Dynavax Technologies Corporation (NASDAQ:DVAX) shares climbed 71.6 percent to $15.88 as the company announced that the Vaccines and Related Biological Products Advisory Committee of the U.S. Food and Drug Administration voted 12-1 in support of the company’s Hepatitis B vaccine, HEPLISAV-B. RBC Capital upgraded Dynavax from Sector Perform to Outperform.
- CDI Corp. (NYSE:CDI) shares jumped 32.3 percent to $8.20 as the company agreed to be acquired by AE Industrial Partners for $8.25 per share in cash.
- Novan Inc (NASDAQ:NOVN) shares jumped 16.2 percent to $6.17. Novan is scheduled to host a conference call on August 2 to provide an update on its activities and progress.
- Myomo Inc. (NYSE:MYO) shares rose 14 percent to $10.03 as the company disclosed that it has received CE Mark approval for MyoPro.
- Sohu.com Inc (NASDAQ:SOHU) shares gained 12.8 percent to $57.34. Sohu.com reported a Q2 loss of $1.85 per share on revenue of $461.168 million.
- Alliance Holdings GP, L.P. (NASDAQ:AHGP) shares surged 12.7 percent to $28.65 as the company reported quarterly financial results and raised its quarterly distribution by 32.7 percent.
- OncoCyte Corp (NYSE:OCX) rose 11.1 percent to $4.00. OncoCyte is expected to release Q2 results on August 14.
- Armstrong World Industries Inc (NYSE:AWI) surged 9.4 percent to $48.70 as the company posted upbeat earnings for its second quarter.
- Servicemaster Global Holdings Inc (NYSE:SERV) climbed 8.3 percent to $43.75 after the company posted in-line Q2 earnings and raised its FY 2017 guidance.
- Apollo Endosurgery Inc (NASDAQ:APEN) rose 7.8 percent to $6.50. Apollo Endosurgery is estimated to release Q2 results on August 1.
- AxoGen, Inc. (NASDAQ:AXGN) climbed 6 percent to $16.00. Leerink Swann initiated coverage on AxoGen with an Outperform rating.
- Mercury General Corporation (NYSE:MCY) surged 4.8 percent to $58.70 as the company posted strong quarterly earnings.
- New Residential Investment Corp (NYSE:NRZ) shares gained 4.7 percent to $16.79 after reporting strong quarterly earnings.
- Aceto Corporation (NASDAQ:ACET) shares rose 4.5 percent to $16.24. Canaccord Genuity initiated coverage on Aceto with a Buy rating.
- Charter Communications, Inc. (NASDAQ:CHTR) shares rose 4.5 percent to $386.92. Sprint Corp (NYSE:S) proposed a merger with Charter Communications, according to a report from the Wall Street Journal. The combined entity would have been a newly created publicly-traded company, controlled by Japan's Softbank. Late Sunday, Charter in a statement reported by Dow Jones said it wasn't interested in acquiring Sprint.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!