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.
On CNBC's "Mad Money", Jim Cramer spoke about Childrens Place Inc (NASDAQ:PLCE). He thinks we could see some profit-taking after the recent strong rally, but he sees any pull back as an opportunity to buy the stock.
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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Walgreens Boots Alliance Inc (NASDAQ:WBA) is a well run company, said Cramer. He wouldn't be surprised if it does well on earnings. (Editor's note: Walgreens posted a 2 cent EPS beat and $300 million sales beat Thursday morning.)
Cramer would buy Alibaba Group Holding Ltd (NYSE:BABA). He thinks it's a well run company.