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.
IN THE NEWS
After hyping the Street with its Semi and Roadster reveals, Tesla Inc (NASDAQ:TSLA) closed the quarter with another disappointing miss in Model 3 deliveries: Link
After a 545-percent run the last three months, AURORA CANNABIS (OTC:ACBFF) is running on fumes, according to Citron Research: Link
The first gene therapy treatment ever approved in the U.S. comes with a steep price tag: Link
Merrill Lynch has blocked clients and financial advisers who trade on their behalf from buying bitcoin, citing concerns over the cryptocurrency’s investment suitability: Link $
Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from Intel Corp (NASDAQ:INTC), Advanced Micro Devices Inc (NASDAQ:AMD) and ARM Holdings: Link
President Donald Trump’s forceful denunciation of his former chief strategist Steve Bannon finalized a divorce that was months in the making and will force a reckoning within the Republican Party: Link
An unprecedented seven-year streak of annual U.S. auto sales growth finally came to an end, yet carmakers and their investors aren’t fazed: Link
ECONOMIC DATA
- US December Challenger job cuts y/y -3.6% vs +30.1% prior
- USA ADP Employment Change for Dec 250.0K vs 191.0K Est; Prior 190.0K
- Initial Jobless Claims for Dec 29 250.0K vs 241.0K Est; Prior 245.0K. Continuing Claims for Dec 22 1.91M vs 1.93M Est; Prior Revised from 1.94M to 1.95M
- US Services Purchasing Managers' Index for December is schedule for release at 9:45 a.m. ET.
- The Energy Information Administration’s weekly report on natural gas stocks in underground storage will be released at 10:30 a.m. ET.
- The EIA’s weekly report on petroleum inventories in the U.S. is schedule for release at 11:00 a.m. ET.
- St. Louis Federal Reserve Bank President James Bullard is set to speak in Philadelphia at 1:30 p.m. ET.
- Data on money supply for the recent week will be released at 4:30 p.m. ET.
ANALYST RATINGS
- Credit Suisse upgraded Domino's (NYSE:DPZ) from Neutral to Outperform
- Bank of America upgraded DaVita (NYSE:DVA) from Neutral to Buy
- KeyBanc upgraded Workday (NASDAQ:WDAY) from Sector Weight to Overweight
- Cowen downgraded Snap Inc. (NYSE:SNAP) from Market Perform to Underperform
- Bank of America downgraded Avon (NYSE:AVP) from Neutral to Underperform
- KeyBanc downgraded Tableau Software (NYSE:DATA) from Overweight to Sector Weight
This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
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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