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.
Pre-open movers
U.S. stock futures traded higher in early pre-market trade. The Labor Department's JOLTS report for October is schedule for release at 10:00 a.m. ET.
Futures for the Dow Jones Industrial Average climbed 39 points to 24,357.00, while the Standard & Poor’s 500 index futures gained 1.50 points to 2,652.50. Futures for the Nasdaq 100 index climbed 5.25 points to 6,345.25.
Oil prices traded lower as Brent crude futures fell 0.21 percent to trade at $63.27 per barrel, while US WTI crude futures dropped 0.47 percent to trade at $57.09 a barrel.
A Peek Into Global Markets
European markets were mostly lower today, with the Spanish Ibex Index falling 0.19 percent, STOXX Europe 600 Index slipping 0.02 percent and German DAX 30 index falling 0.05 percent. The UK's FTSE index was trading higher by 0.44 percent, while French CAC 40 Index fell 0.13 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 0.56 percent, Hong Kong’s Hang Seng Index gained 1.14 percent, China’s Shanghai Composite Index climbed 0.98 percent and India’s BSE Sensex gained 0.62 percent.
Broker Recommendation
Analysts at Barclays upgraded Discover Financial Services (NYSE:DFS) from Equal-Weight to Overweight.
Discover Financial shares rose 0.48 percent to close at $73.80 on Friday.
Breaking news
- Eli Lilly And Co (NYSE:LLY) reported that the FDA has accepted a BLA for galcanezumab review for the prevention of migraine in adults. >
- Akari Therapeutics PLC (ADR) (NASDAQ:AKTX) disclosed that its Phase II COBALT trial met the primary endpoint.
- Xylem Inc (NYSE:XYL) announced plans to buy Pure Technologies for $397 million.
- Cytokinetics, Inc. (NASDAQ:CYTK) reported that VITALITY-ALS did not meet primary and secondary endpoints in Phase 3 trial of tirasemtiv.
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.
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