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 let go of Stryker Corporation (NYSE:SYK), unless it gets a takeover. He thinks its procedures are optional now and there is no room in hospitals for that to happen.
Plug Power Inc (NASDAQ:PLUG) is to speculative, thinks Cramer.
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If you want to buy an oil company, instead of Exxon Mobil Corporation (NYSE:XOM), Cramer would buy Chevron Corporation (NYSE:CVX), Diamondback Energy Inc (NASDAQ:FANG), EOG Resources Inc (NYSE:EOG), Pioneer Natural Resources (NYSE:PXD) or Parsley Energy Inc (NYSE:PE).
Polaris Inc (NYSE:PII) is a pretty interesting opportunity for the long term, said Cramer. It has a 4% yield.
Calithera Biosciences Inc (NASDAQ:CALA) is a very interesting spec, thinks Cramer.
Capital One Financial Corp. (NYSE:COF) always comes back, but it is giving shares away, believes Cramer. He would rather own Wells Fargo & Co (NYSE:WFC).
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Here's How Much Investing $100 In Plug Power Stock Back In 2010 Would Be Worth Today
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.