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 Lightning Round", Jim Cramer said he would buy Prudential Financial Inc (NYSE:PRU).
Instead of buying Smartsheet Inc (NYSE:SMAR), Cramer would buy salesforce.com, inc. (NYSE:CRM).
Editas Medicine Inc (NASDAQ:EDIT) is a speculative stock, but Cramer is a buyer.
Cramer advised his viewer to buy more shares of Home Depot Inc (NYSE:HD). He thinks it might pull back after the Costco Wholesale Corporation (NASDAQ:COST) report.
Solaredge Technologies Inc (NASDAQ:SEDG) is a technology company connected to solar and therefore it has much higher barriers to entry, explained Cramer. He likes that.
Cramer is a buyer of RPM International Inc. (NYSE:RPM), even at its current price level.
The airlines sector is under pressure, but Southwest Airlines Co (NYSE:LUV) is too good to be trading at $52, said Cramer. He's calling the bottom for the stock and he wants to buy it.
Kirkland Lake Gold Ltd (NYSE:KL) is way too hot for Cramer. He would rather buy Randgold Resources Ltd. (ADR) (NASDAQ:GOLD).
Cramer thinks the biotech sector is going higher. He would buy Celgene Corporation (NASDAQ:CELG).
He also likes the regional banks. He added that PNC Financial Services Group Inc (NYSE:PNC) report is going to determine the direction for BB&T Corporation (NYSE:BBT).
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!