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
- JMP Securities upgraded Intra-Cellular Therapies Inc (NASDAQ:ITCI) from Market Perform to Market Outperform. Intra-Cellular Therapies shares rose 1.81 percent to $14.65 in pre-market trading.
- Analysts at Stephens & Co. upgraded Chipotle Mexican Grill, Inc. (NYSE:CMG) from Underweight to Equal-Weight. Chipotle shares rose 1.82 percent to $302.50 in pre-market trading.
- Loop Capital upgraded Canadian Pacific Railway Limited (USA) (NYSE:CP) from Hold to Buy. Canadian Pacific Railway shares fell 0.45 percent to close at $151.30 on Wednesday.
- Analysts at JP Morgan upgraded Eaton Vance Corp (NYSE:EV) from Underweight to Neutral. Eaton Vance shares fell 1.91 percent to close at $46.26 on Wednesday.
- Analysts at Credit Suisse upgraded Core Laboratories N.V. (NYSE:CLB) from Neutral to Outperform. Core Laboratories shares gained 0.11 percent to $90.25 in pre-market trading.
- Credit Suisse upgraded Portola Pharmaceuticals Inc (NASDAQ:PTLA) from Neutral to Outperform. Portola Pharmaceuticals shares rose 2.26 percent to $57.55 in pre-market trading.
- Analysts at Baird upgraded Gentex Corporation (NASDAQ:GNTX) from Neutral to Outperform. Gentex shares rose 3 percent to $17.88 in pre-market trading.
- Argus upgraded Vornado Realty Trust (NYSE:VNO) from Hold to Buy. Vornado Realty Trust shares rose 0.93 percent to close at $74.06 on Wednesday.
Top Downgrades
- BMO Capital downgraded Lowe's Companies, Inc. (NYSE:LOW) from Outperform to Market Perform. Lowe's shares fell 0.01 percent to $73.00 in pre-market trading.
- Analysts at Credit Suisse downgraded Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) from Neutral to Underperform. Teva shares fell 1.70 percent to $16.21 in pre-market trading.
- Barclays downgraded Whole Foods Market, Inc. (NASDAQ:WFM) from Overweight to Equal-Weight. Whole Foods shares rose 0.70 percent to $41.97 in pre-market trading.
- Credit Suisse downgraded Forum Energy Technologies Inc (NYSE:FET) from Outperform to Neutral. Forum Energy Technologies shares gained 0.48 percent to close at $10.55 on Wednesday.
- JPMorgan downgraded J M Smucker Co (NYSE:SJM) from Overweight to Neutral. Smucker shares fell 5.55 percent to $112.25 in pre-market trading.
- Cowen downgraded Dicks Sporting Goods Inc (NYSE:DKS) from Outperform to Market Perform. Dick's Sporting shares rose 0.72 percent to $26.72 in pre-market trading.
Top Initiations
- Analysts at H.C. Wainwright initiated coverage on Foamix Pharmaceuticals Ltd (NASDAQ:FOMX) with a Buy rating. The price target for Foamix Pharmaceuticals is set to $12. Foamix Pharmaceuticals shares closed at $4.53 on Wednesday.
- Gabelli & Co. initiated coverage on NeoGenomics, Inc. (NASDAQ:NEO) with a Buy rating. NeoGenomics shares closed at $9.28 on Wednesday.
- Roth Capital initiated coverage on Netlist, Inc. (NASDAQ:NLST) with a Buy rating. The price target for Netlist is set to $2. Netlist shares closed at $0.630 on Wednesday.
- Gabelli & Co. initiated coverage on Zimmer Biomet Holdings Inc (NYSE:ZBH) with a Buy rating. Zimmer Biomet shares closed at $112.28 on Wednesday.
- Analysts at Northland Capital Markets initiated coverage on Flexion Therapeutics Inc (NASDAQ:FLXN) with an Outperform rating. The price target for Flexion Therapeutics is set to $40. Flexion Therapeutics shares closed at $23.71 on Wednesday.
- William Blair initiated coverage on USA Technologies, Inc. (NASDAQ:USAT) with an Outperform rating. USA Technologies shares closed at $5.35 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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