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 Chipotle Mexican Grill, Inc. (NYSE:CMG) is good if you can get it under $800. He likes it because it has a great balance sheet.
Cramer is not a buyer of Revolve Group LLC (NYSE:RVLV) because the only e-commerce companies the market likes are Amazon.com, Inc. (NASDAQ:AMZN) and Shopify Inc (NYSE:SHOP).
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Anheuser Busch Inbev NV (NYSE:BUD) has a good yield, but Cramer would rather own Constellation Brands, Inc. (NYSE:STZ) because it has growth.
DIAMOND EAGLE A/SH CL A (NASDAQ:DEAC) is a blank-check company, said Cramer. He is not going to give a blank check to anybody and he wants to see what does Diamond Eagle own.
Cramer likes Winnebago Industries, Inc. (NYSE:WGO). He sees it as a preferred way of vacationing when people are not sure about a hotel.
Clorox Co (NYSE:CLX) is a great stock, said Cramer. He would hold on to 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.