US Stock Futures Down; Payrolls Data In Focus


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.


US stock futures are lower this morning, as investors are awaiting employment data. Futures for the Dow Jones Industrial Average dipped 46 points to 11,325.00 and S&P 500 index futures fell 3.60 points to 1,195.10. Nasdaq 100 futures dropped 7.00 points to 2,202.50.US stocks closed lower on Thursday, with the Dow Jones Industrial Average dropping 4.31% to 11,383.68, the S&P 500 index declining 4.78% to 1,200.07 and the Nasdaq 100 index dipping 5.08% to 2,556.39. The Labor Department is scheduled to release the July employment data at 8:30 a.m. ET.Procter & Gamble Company (The) (NYSE: PG) is projected to report its FQ4 earnings at 0.82 per share on revenue of $20.63 billion. Weight Watchers International Inc (NYSE: WTW) is expected to report its Q2 EPS at $1.12 on revenue of $470.16 million.The AES Corporation (NYSE: AES) is estimated to report its Q2 EPS at $0.27 on revenue of $3.58 billion. Viacom Inc (NYSE: VIA) is projected to report its FQ3 EPS at $0.86 on revenue of $3.52 billion. Arch Chemicals Inc (NYSE: ARJ) is expected to report its Q2 EPS at $1.82 on revenue of $459.40 million.Cinemark Holdings Inc (NYSE: CNK) is estimated to report its Q2 EPS at $0.39 on revenue of $593.55 million. Washington Post Company (The) (NYSE: WPO) is estimated to report its quarterly EPS at $5.87 on revenue of $1.09 billion. Windstream Corporation (NASDAQ: WIN) is estimated to report its Q2 EPS at $0.19 on revenue of $1.02 billion.Priceline.com (NASDAQ: PCLN) reported its Q2 profit at $256.4 million, or $5.02 per share, up from $115 million, or $2.26 per share, in the year-ago period. Its revenue surged to $1.1 billion, from $767.4 million. Excluding items, Priceline earnings came in at $5.49 per share. However, analysts were expecting a profit of $4.85 per share on revenue of $1.08 billion. LinkedIn Corp (NYSE: LNKD) reported its Q2 profit at $4.51 million, or $0.04 per share, up from $938,000, or $0.02 per share, in the year-ago period. Its revenue jumped to $121 million. However, analysts were expecting a loss of $0.04 per share on revenue of $104.5 million. European markets were lower today. The STOXX Europe 600 Index dropped 1.86%, London's FTSE 100 Index moved down 2.11%, French CAC 40 index fell 1.11% and German DAX 30 index dropped 2.45%.Asian markets ended lower, with Japan's Nikkei Stock Average dipping 3.7198%, Australia's S&P/ASX 200 moving down 4.21% and China's Shanghai Composite declining 2.15%. Hong Kong's Hang Seng Index fell 4.2888% and India's Sensex dipped 2.30%.Nymex crude oil futures dropped 0.38% to $86.30 a barrel in electronic trading. However, gold futures gained$9.60 to trade at $1,668.60 an ounce. The dollar declined 0.46% against the Japanese yen to trade at ¥78.51. The euro gained 0.41% versus the dollar to trade at $1.4151.

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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