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 it's time to buy the oil companies because crude oil is going to $80. He thinks Royal Dutch Shell plc (ADR) ADR Class A (NYSE: RDS-A) is a very good stock.
Cramer doesn't want to recommend Lam Research Corporation (NASDAQ:LRCX) as a buy because he expects it to have the same problem as Applied Materials, Inc. (NASDAQ:AMAT), which got caught in some difficult product transitions in terms of what their end customers want.
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NuStar Energy L.P. (NYSE:NS) is a little bit too risky, said Cramer. He added that the stock isn't for him.
Cramer likes insurance and software, so he likes Ebix Inc (NASDAQ:EBIX), the software company dedicated to insurance.
Nutanix Inc (NASDAQ:NTNX) is a very competitive company said Cramer. He likes the stock and he would buy it.
Sarepta Therapeutics Inc (NASDAQ:SRPT) is a great speculative stock, thinks Cramer.
Cramer isn't a buyer of Denbury Resources Inc. (NYSE:DNR). He thinks it's too risky.
Sony Corp (ADR) (NYSE:SNE) is still undervalued , said Cramer.
United Rentals, Inc. (NYSE:URI) has a much better earnings profile than most of the stocks that are involved with infrastructure, said Cramer. He thinks the stock is good.
Cramer wouldn't sell Marathon Petroleum Corp (NYSE:MPC). He would buy more.
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.