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 be a buyer of JPMorgan Chase & Co. (NYSE:JPM). He is aware the stock is not going to trade higher immediately, but he's got a good feeling and he wants to take a long-term approach. He is optimistic because Warren Buffett is buying the bank stocks and he also has the long-term view.
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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Cramer likes PRA Health Sciences Inc (NASDAQ:PRAH) and the sector. He likes Charles River Laboratories Intl. Inc (NYSE:CRL) better.
Funko Inc (NASDAQ:FNKO) is interesting, but there are blue-chip stocks that are trading lower and Cramer would rather own them.