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.
Spirit Airlines Incorporated (NASDAQ:SAVE) shares are trading higher by $2.00 (6 percent) at $35.47 in Tuesday's session.
After Monday's close, the company released September flight data that exceeded the Street's expectations.
After a higher open, Spirit continued in that direction before peaking at $36.99 and reversed course. That high coincides with a trio of highs from $46.94 to $37.08 back on Aug.18-22.
The ensuing decline has found support well above the top of Monday's range ($34.00), only reaching $34.78 and has now returned to mid-$35.00 handle.
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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