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 would rather buy Penn National Gaming, Inc (NASDAQ:PENN) and Draftkings Inc (NASDAQ:DKNG) instead of Fubotv Inc (NYSE:FUBO).
Cramer would be careful with Nano Dimension Ltd - ADR (NASDAQ:NNDM) because of a big move higher. These moves tend to have another leg up, but he doesn't want to be too aggressive.
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Canopy Growth Corp (NASDAQ:CGC) is a way to play the marijuana space, thinks Cramer.
CIIG Merger Corp (NASDAQ:CIIC) is a good spec, said Cramer.
Everything Michael Klein has been involved with, Cramer has liked it. But he thinks Churchill Capital Corp IV (NYSE:CCIV) is speculative.
Quanta Services Inc (NYSE:PWR) has more room on the upside, thinks Cramer.
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.