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 Lightning Round", Jim Cramer said NutriSystem Inc. (NASDAQ:NTRI) had a big run and he wouldn't buy the stock at its current price level.
Pieris Pharmaceuticals Inc (NASDAQ:PIRS) is a speculative stock. The company doesn't make any money and Cramer is a little bit concerned about it.
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Square Inc (NYSE:SQ) moved sharply higher in 2017 and it has more room on the upside, thinks Cramer.
See Also: How To Play Square's Crazy 14-Day Winning Streak
People like golf and Callaway Golf Co (NYSE:ELY) is trading higher, said Cramer. He doesn't want to fight the trend.
Cramer isn't crazy about Sprint Corp (NYSE:S), but he thinks it's fine to own the stock. He likes T-Mobile US Inc (NASDAQ:TMUS) better.
Canada Goose Holdings Inc. (NYSE:GOOS) needs cold weather to move higher. Cramer would own the stock, but he would wait for the cold weather before he doubles down.
If Centene Corp (NYSE:CNC) trades lower again, Cramer is going 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.