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.
Kevin Kelly of Benchmark Investments suggested on Bloomberg Markets a bullish options strategy in Hilton Hotels Corporation (NYSE:HLT).
He wants to buy the January 77.50/85 call spread for $3.20. The trade breaks even at $80.70 or 5.42 percent above the current stock price. The expiration covers the next earnings season and the next GDP report, which could push the stock higher, said Kelly.
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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