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.
Gainers
- Xtant Medical Holdings, Inc. (NYSE:XTNT) shares climbed 91.4% to close at $1.57 on Friday after the company announced the closing of debt restructuring.
- American Renal Associates Holdings, Inc. (NYSE:ARA) shares climbed 66.5% to close at $11.52 after the company reported an $11.50 per share cash offer from Nautic Partners.
- Nano-X Imaging Ltd. (NASDAQ:NNOX) shares gained 56.2% to close at $37.44 after the company announced it will demonstrate its novel technology and medical imaging system at RSNA 2020, which is being held from November 29th to December 5th in Chicago.
- Westwater Resources, Inc. (NASDAQ:WWR) surged 49.3% to close at $4.42.
- IDT Corporation (NYSE:IDT) gained 39.1% to close at $9.57 after reporting higher earnings and sales for the fourth quarter.
- C4 Therapeutics, Inc. (NASDAQ:CCCC) rose 34.2% to close at $25.49 after pricing its IPO at $19 per share.
- ProPhase Labs, Inc. (NASDAQ:PRPH) surged 32.1% to close at $5.15. ProPhase Labs climbed 13% on Thursday after the company announced plans to explore the acquisition of one or more CLIA accredited labs suitable for COVID-19 and other testing.
- Lonestar Resources US Inc. (NASDAQ:LONE) shares gained 28.2% to close at $0.3134 after gaining over 6% on Thursday.
- Thryv Holdings, Inc. (NASDAQ:THRY) shares rose 25.1% to close at $14.39.
- Houghton Mifflin Harcourt Company (NASDAQ:HMHC) shares jumped 23.9% to close at $2.49. Houghton Mifflin Harcourt shares jumped over 16% on Thursday after the company announced a strategic restructuring, which includes a 22% workforce reduction.
- CBAK Energy Technology, Inc. (NASDAQ:CBAT) gained 23.2% to close at $3.13.
- CTI BioPharma Corp. (NASDAQ:CTIC) climbed 20.8% to close at $2.99 after gaining 15% on Thursday.
- Solid Biosciences Inc. (NASDAQ:SLDB) shares surged 20.8% to close at $4.18. Solid Biosciences last week said the FDA has lifted the clinical hold placed on the company's IGNITE DMD Phase 1/2 clinical trial.
- Beam Global (NASDAQ:BEEM) jumped 20.2% to close at $14.99.
- Telenav, Inc. (NASDAQ:TNAV) jumped 18.5% to close at $4.35. Telenav confirmed it has received proposal from V99 to buy all shares of Telenav at $4.32 per share in cash in go private transaction.
- Enlivex Therapeutics Ltd. (NASDAQ:ENLV) jumped 17.8% to close at $10.35. Enlivex Therapeutics, last week, announced positive top-line results of an investigator-initiated clinical trial of Allocetra in COVID-19 patients in severe/critical condition.
- Lithium Americas Corp. (NYSE:LAC) gained 17.6% to close at $14.70 amid continued strength in lithium names after Tesla recently signed a deal with Piedmont Lithium.
- Assured Guaranty Ltd. (NYSE:AGO) rose 16.4% to close at $25.54.
- Janus Henderson Group plc (NYSE:JHG) gained 16% to close at $25.05 after Nelson Peltz's Trian disclosed a new 9.9% active stake in the company.
- voxeljet AG (NASDAQ:VJET) gained 15.8% to close at $9.66.
- VivoPower International PLC (NASDAQ:VVPR) rose 15.4% to close at $12.27. Vivopower International, last month, announced a non-binding letter on intent to buy a 51% of Tembo 4x4 for $4.7 million.
- Pulse Biosciences, Inc. (NASDAQ:PLSE) gained 15% to close at $13.41. Pulse Biosciences, last week, reported FDA Investigational Device Exemption approval and initiation of sebaceous hyperplasia study.
- DPW Holdings, Inc. (NYSE:DPW) climbed 14.1% to close at $2.26 after the company announced its Coolsys Power Electronics announced a new hybrid AC, DC electric vehicle charger.
- Galera Therapeutics, Inc. (NASDAQ:GRTX) gained 14% to close at $11.18. Galera Therapeutics, last month, announced dosing of first patient in randomized, double-blind pilot Phase 2 clinical trial of GC4419 for COVID-19.
- Capitol Federal Financial, Inc. (NASDAQ:CFFN) rose 13.6% to close at $10.59.
- Assured Guaranty Ltd. (NYSE:AGO) gained 13.4% to close at $25.54. Assured Guaranty will replace Simpson Manufacturing in the S&P SmallCap 600 effective Wednesday, October 7.
- Green Dot Corporation (NYSE:GDOT) shares rose 13.3% to close at $59.30.
- Twilio Inc. (NYSE:TWLO) jumped 13% to close at $290.36 after the company issued strong guidance for the quarter ended September 30th. The company said it expects preliminary revenue will be ahead of previously issued guidance of $401 million to $406 million.
- Lithia Motors, Inc. (NYSE:LAD) shares surged 10% to close at $271.51. Lithia yesterday reported upsizing and pricing of senior notes offering.
- Bed Bath & Beyond Inc. (NASDAQ:BBBY) gained 9.9% to close at $20.60 after Shipt reported a partnership with the company to offer same-day deliveries. Raymond James also maintained its Strong Buy on the stock and raised its price target from $16 to $22 per share.
- Nu Skin Enterprises, Inc. (NYSE:NUS) gained 9.6% to close at $56.10 after the company raised its Q3 sales guidance.
- Renasant Corporation (NASDAQ:RNST) climbed 7.9% to close at $24.82. Renasant will replace Newpark Resources in the S&P SmallCap 600 effective Wednesday, October 7.
- Protara Therapeutics Inc (NASDAQ:TARA) climbed 7.7% to close at $18.28 after a 13G filing showed Perceptive Advisors has a new 5.8% stake in the company.
- Co-Diagnostics, Inc. (NASDAQ:CODX) gained 7.6% to close at $13.96 after the company announced that its logic smart kit and will be used with the newly authorized Saline Oral rinse collection.
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Losers
- Benitec Biopharma Inc. (NASDAQ:BNTC) shares dipped 37.9% to close at $3.03 on Friday as the company priced 3.23 million shares at $3.10 per share.
- Mesoblast Limited (NASDAQ:MESO) shares tumbled 35.2% to close at $12.03 after the company said the FDA issued a complete response letter to its BLA for remestemcel-L for the treatment of pediatric steroid-refractory acute graft versus host disease. The FDA has sought the company conduct at least one additional study in adults and/or children to provide further evidence of the effectiveness of remestemcel-L for SR-aGVHD.
- PDL BioPharma, Inc. (NASDAQ:PDLI) fell 18.9% to close at $2.61 after President Trump announced he tested postivie for COVID-19.
- Scully Royalty Ltd. (NYSE:SRL) shares dropped 18.4% to close at $3.80.
- Hycroft Mining Holding Corporation (NASDAQ:HYMC) fell 16.2% to close at $7.58 as the company priced its 8.33 million unit offering at $9 per unit.
- Naked Brand Group Limited (NASDAQ:NAKD) shares dipped 16% to close at $0.1163 after surging 24% on Thursday.
- Arcutis Biotherapeutics, Inc. (NASDAQ:ARQT) declined 15.6% to close at $23.30 after the company announced pricing of share public offering and 1.4 million share concurrent private placement of common stock.
- Nurix Therapeutics, Inc. (NASDAQ:NRIX) fell 14.5% to close at $26.47
- Heritage Global Inc. (NASDAQ:HGBL) shares declined 14.4% to close at $1.73 as the company priced 4.75 million share offering at $1.75 per share.
- Scholar Rock Holding Corporation (NASDAQ:SRRK) shares declined 13.5% to close at $15.39. Scholar Rock recently presented data for SRK-015 at the World Muscle Society 2020 Virtual Congress.
- Anixa Biosciences, Inc. (NASDAQ:ANIX) shares dropped 12.5% to close at $2.60.
- Smart Global Holdings Inc (NASDAQ:SGH) dipped 12.1% to close at $24.89. Smart Global reported upbeat earnings for its fourth quarter, while sales missed views.
- Hyliion Holdings Corp. (NASDAQ:HYLN) shares fell 12.1% to close at $39.50.
- Iterum Therapeutics plc (NASDAQ:ITRM) fell 11.7% to close at $1.06. Iterum Therapeutics recently announced, following its pre-NDA meeting, it plans to proceed with an NDA submission for sulopenem etzadroxil/ probenecid for the treatment of uncomplicated urinary tract infections.
- CPI Aerostructures, Inc. (NYSE:CVU) dipped 11.7% to close at $2.26. CPI Aerostructures, last week, reported a Q1 loss of $0.24 per share.
- Neogen Corporation (NASDAQ:NEOG) dropped 11.5% to close at $69.75. Neogen will replace Pool in the S&P MidCap 400 effective Wednesday, October 7.
- Compugen Ltd. (NASDAQ:CGEN) shares declined 11.2% to close at $15.19 after President Trump announced he tested positive for COVID-19.
- Greenpro Capital Corp. (NASDAQ:GRNQ) shares fell 10.7% to close at $1.09 after declining about 16% on Thursday.
- Aptorum Group Limited (NYSE:APM) shares dropped 10.7% to close at $2.58. Aptorum, last week, announced the pricing of a $9 million public offering.
- Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE) fell 10.5% to close at $7.02.
- Electromed, Inc. (NYSE:ELMD) shares dipped 9.2% to close at $9.14.
- MICT, Inc. (NASDAQ:MICT) shares fell 8.9% to close at $3.59. MICT's GFH Intermediate Holdings subsidiary reported it will purchase 9% interest in Hong Kong-based securities and investments firm for $3 million.
- Kazia Therapeutics Limited (NASDAQ:KZIA) shares declined 8.6% to close at $6.20.
- Evogene Ltd. (NASDAQ:EVGN) dropped 8.6% to close at $3.70.
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.