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 Childrens Place Inc (NASDAQ:PLCE) is in the bear market and it's probably not done going lower. He added that it's a good company and the quarter wasn't that bad.
Cramer would be careful with Healthequity Inc (NASDAQ:HQY).
Synchrony Financial (NYSE:SYF) in't done going down, said Cramer. He explained that it doesn't yield enough and he doesn't want to own it.
Yeti Holdings Inc (NYSE:YETI) is an inexpensive stock and a great brand name stock, said Cramer. It would be trading higher if it wasn't in the bear market.
The airlines are in the bear market mode, said Cramer. He thinks Delta Air Lines, Inc. (NYSE:DAL) is fine, but it's not going higher right now.
Cramer advised his viewer to buy more Bank of America Corp (NYSE:BAC) if it drops to $20.
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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