27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Slack Technologies Inc (NYSE:WORK) got downgraded because Microsoft Corporation (NASDAQ:MSFT) is slitting its throat. It's fighting back, but Microsoft is really a tough competitor.
Palantir Technologies Inc (NYSE:PLTR) is finding its place, said Cramer. It's starting to move up and it could trade around $12, thinks Cramer.
ADT Inc (NYSE:ADT) is a second-rate company and you should never invest in a second-rate company, believes Cramer.
United Microelectronics Corp (NYSE:UMC) is a good Taiwanese company, said Cramer. It is going up and Cramer is a buyer.
West Pharmaceutical Services Inc. (NYSE:WST) is okay, but it is not in the league with others, said Cramer. He added the stock is not for him.
Cramer didn't like the quarterly report from Kimberly Clark Corp (NYSE:KMB). He would rather buy Procter & Gamble Co (NYSE:PG).
Gilead Sciences, Inc. (NASDAQ:GILD) needs real growth, said Cramer. He is not a buyer of the stock.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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