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.
Jim Cramer said on CNBC's "Mad Money Lightning Round" he can no longer recommend Altria Group Inc (NYSE:MO) as a buy. He's concerned about competition from the Juul device.
Cramer doesn't like optical fiber and he doesn't want to buy Corning Incorporated (NYSE:GLW).
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Beacon Roofing Supply, Inc. (NASDAQ:BECN) missed the quarter and Cramer wants to be careful. He added that anything related to housing is going down.
Cramer likes the surveillance and digital video industry and he thinks that Verint Systems Inc. (NASDAQ:VRNT) is all right.
Instead of Sprint Corp (NYSE:S), Cramer would rather own T-Mobile Us Inc (NASDAQ:TMUS).
Opko Health Inc. (NASDAQ:OPK) has been a disaster since it bought BioReference Lab, said Cramer.
Cramer wants to sell Flex Ltd (NASDAQ:FLEX) because of accounting irregularities.
First Data Corp (NYSE:FDC) had a great quarter said Cramer.
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.