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.
The Vetr community last Friday downgraded The Blackstone Group LP (NYSE:BX) from 3.5 stars (Buy) to 3 stars (Hold). Despite the downgrade, crowd confidence was slightly high, with 60 percent of the Vetr community giving the stock a Buy rating and 40 percent a Sell.
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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The Vetr crowd remained slightly bullish despite this downgrade, setting a price target of $36.33 while recent analyst target prices fell in the $33-$40 range. Blackstone shares closed Tuesday at $35.83