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.
On CNBC's "Mad Money", Jim Cramer said that General Electric Company (NYSE:GE) isn't doing well. He doesn't see a lot of downside, but he doesn't have a thesis to buy the stock.
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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Martin Marietta Materials, Inc. (NYSE:MLM) traded lower because there is no infrastructure bill, explained Cramer. He would be a buyer of the stock.
Terex Corporation (NYSE:TEX) traded higher and Cramer wants to wait for a pull back of 10 to 15 percent before he considers buying.