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 US Concrete Inc (NASDAQ:USCR) is too cheap, but it needs an infrastructure bill. He added that it's in a downtrend because the infrastructure bill hasn't been passed.
Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) is fine, thinks Cramer. He would rather buy Sonic Corporation (NASDAQ:SONC), Darden Restaurants, Inc. (NYSE:DRI) and McDonald's Corporation (NYSE:MCD).
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Cramer would buy Paypal Holdings Inc (NASDAQ:PYPL) up to $98.
Goodyear Tire & Rubber Co (NASDAQ:GT) has been a terrible stock for decades, said Cramer. He added it has competition from overseas and raw cost problems.
Albemarle Corporation (NYSE:ALB) is way overdone on the downside, said Cramer. He would buy some now and wait for the next quarter, which should be good.
Cramer thinks that CSX Corporation (NASDAQ:CSX) has done well. He likes the rails sector.
Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) is an up stock and it is coming back, said Cramer.
Cramer likes GeoPark Ltd (NYSE:GPRK) because it has oil and it is drilling. He thinks it's a very good company.
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.