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.
Walt Disney Co (NYSE:DIS)'s "Star Wars: The Last Jedi" film will likely prove to be a major blockbuster hit given the popularity of the "Star Wars" franchise and ideal timing release ahead of the holiday season.
The newest instillation to the "Star Wars" franchise will open Dec. 15. Naturally, investors will be keeping a close eye on the multiple movie theater chains who are likely to see a notable jump in traffic and ticket sales thanks to the film.
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Some of the notable movie chains include:
- AMC Entertainment Holdings Inc (NYSE:AMC)
- Cinemark Holdings, Inc. (NYSE:CNK)
- Regal Entertainment Group (NYSE:RGC)
- Marcus Corp (NYSE:MCS)
- Imax Corp (USA) (NYSE:IMAX)
Investors may also want to keep an eye on Helios and Matheson Analytics Inc (NASDAQ:HMNY) given its stake in MoviePass, which allows consumers to see an unlimited number of movies for a fixed monthly cost.
Hasbro, Inc. (NASDAQ:HAS) will also be closely watched by investors. The toy company is hoping a strong performance in the box office would bode well for the multiple "Star Wars" themed toys it's selling.
Initial forecasts are calling for Disney's new film to report a box office of $200 million or more during the opening weekend. By comparison, the 2015 film, "The Force Awakens" saw an opening weekend tally of $248 million.
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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.