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.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) reported a better-than-expected quarter on Monday, but Bank of America's analyst decided to downgrade the stock to Underperform.
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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Josh Brown revealed on CNBC's "Fast Money Halftime Report" that he finds the call reasonable because the stock has already traded sharply higher, from $100 to $176. The stock almost doubled and the business is probably not twice better now, explained Brown.
He said this is a tough call because the company repeatedly reports earnings that exceed expectations and it has hot properties in one of the most important areas of entertainment right now. But the stock has gone up a lot and it ' more expensive here than he wants to pay for it.