27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
GoPro Inc (NASDAQ:GPRO) shares are trading lower by $1.26 at $9.41 in Thursday's session.
Although the company posted a Q3 EPS beat of 13 cents along with a sales beat of $17 million, the Street is focusing on it much lower Q4 EPS guidance.
After a much lower open, GoPro rallied a few cents to $9.64 before continuing its move lower. The ensuing decline found support at $9.00 and began to rebound. That low comes in just below a pair of lows from Oct. 16 ($9.03) and Oct. 17 ($9.05).
Since making that low, GoPro worked its way back towards the high for the day but so far the rally has stalled at $9.55.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!