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 wants to buy Yeti Holdings Inc (NYSE:YETI). He is not worried about its balance sheet.
Cramer wants to stay away from the commodity business. He is not a buyer of Mosaic Co (NYSE:MOS).
Square Inc (NYSE:SQ) has never moved up since CFO Sarah Friar left the company last year. He likes Square and thinks it's a good company.
Raytheon Company (NYSE:RTN) is a buy, said Cramer. He likes the merger with United Technologies.
See Also: Credit Suisse Gets Bullish On Raytheon, United Technologies Ahead Of Merger
Cramer is a buyer of Bristol-Myers Squibb Co (NYSE:BMY). The merger with Celgene Corporation (NASDAQ:CELG) is going to be a winner.
Encana Corp (NYSE:ECA) is really bad, said Cramer. He would sell it.
Cramer is a buyer of BP plc (NYSE:BP), but he recognizes how much fossil fuels are hated.
Waste Management, Inc. (NYSE:WM) has come down just enough for Cramer to buy it.
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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