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 "Squawk on the Street," Jim Cramer discussed Singles Day and which companies did well in terms of sales.
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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Singles Day was incredible for Nike (NYSE:NKE) and Estee Lauder (NYSE:EL), said Cramer. He thinks Levi Strauss (NYSE:LEVI) did a blowout on Singles Day.
These companies, popular amongst consumers, doing well on SIngles Day could positively impact their sales when quarterly earnings come around.