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.
Kellogg Company (NYSE:K) shares are trading higher by $3.83 (6.3 percent) at $62.70 in Tuesday's session.
The catalyst for the rally is a Q3 EPS beat of 11 cents along with a slight beat for sales. The company reaffirmed its FY 2017 outlook.
After a much higher open, Kellogg continued in that direction until it finally peaked at $63.93 and reversed course. That high coincides with its Sept. 26 high of $63.95. The ensuing decline took the stock beyond its opening price ($62.49) to $61.77, but has rebounded back into the upper $62.00 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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