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 just watch Apache Corporation (NYSE:APA). It doesn't have a good enough yield for this market.
Roku Inc's (NASDAQ:ROKU) fundamentals are in place to participate in a recovery, when it comes, thinks Cramer. He's concerned about Amazon.com, Inc.'s (NASDAQ:AMZN) impact.
Instead of Diamondback Energy Inc (NASDAQ:FANG), Cramer would buy BP plc (NYSE:BP). He explained that yield is going to protect you in this awful market.
Cramer likes Cara Therapeutics Inc (NASDAQ:CARA), but he thinks the stock is not what you need in this market. When the market changes, investors will start buying Cara Therapeutics Inc.
Waste Management, Inc. (NYSE:WM) is a powerhouse, said Cramer. He wants to buy it. The quarter was good and the company has a big buyback. People are relating it to linerboard, but that is a mistake, believes Cramer.
Cramer can't believe General Mills, Inc. (NYSE:GIS) is this cheap and he wants to buy it. The 5 percent yield should be a protection, thinks Cramer.
Cramer can't recommend Winnebago Industries, Inc. (NYSE:WGO) as a buy.
S&P Global Inc (NYSE:SPGI) is going down, but the company is good, said Cramer.
Cramer wouldn't sell Fluor Corporation (NEW) (NYSE:FLR) because it's trading too low. He thinks it's a 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.
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