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 still likes Roku Inc (NASDAQ:ROKU).
Tapestry Inc (NYSE:TPR) is okay, said Cramer. He likes album more than stores.
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Instead of Xpeng Inc - ADR (NYSE:XPEV), Jim Cramer would buy Alibaba Group Holding Ltd - ADR (NYSE:BABA) or JD.Com Inc (NASDAQ:JD).
Vornado Realty Trust (NYSE:VNO) is a real estate investment trust and that is a bad business, believes Cramer. He sees is it as the best of the bad neighborhood and he thinks it is a house of pain.
Cramer likes Applied Materials, Inc. (NASDAQ:AMAT), but he likes Lam Research Corporation (NASDAQ:LRCX) more.
Piedmont Lithium ADR Representing 100 Ord Shs (NASDAQ:PLL) is a great long term spec, said Cramer. He thinks it is very dangerous, but if you want to speculate, he has no problem.
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.