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.
Mitch Hoch discussed the stocks he will be watching Tuesday on Benzinga's YouTube show "Money Mitch."
Hoch likes the technical setup on Box Inc (NYSE:BOX). The stock broke out of its downward trend on Monday, he said, adding that he will be watching to see if it's able to hold the $21 level.
The "Money Mitch" host is also watching Dropbox Inc (NASDAQ:DBX) in the data storage space. He will be watching to see if the stock can make a move above the $25 level on Tuesday.
Hoch will also be watching the consumer defensive sector on Tuesday. Kroger Co (NYSE:KR) is starting to trend upwards, he said, adding that if it pulls back Tuesday, he will be looking for a bounce-back up to the $39 level.
Sprouts Farmers Market Inc (NASDAQ:SFM) is another stock in the consumer defensive sector with a chart that is starting to build on a technical basis, Hoch said.
Live Ventures Inc (NASDAQ:LIVE) is the only outperforming stock Hoch owns right now. He told traders to keep an eye on the stock moving forward.
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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