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.
ACTION ITEMS:
Bullish:
Traders who believe that Sears will find strength by cutting numbers might want to consider the following trades:
Traders who believe that this move is the beginning of the end for Sears may consider alternative positions:
Bullish:
Traders who believe that Sears will find strength by cutting numbers might want to consider the following trades:
- Looking at this from a short-sighted point of view, fewer stores mean fewer overheads, and fewer employees means fewer wages. Costs will indeed be cut.
Traders who believe that this move is the beginning of the end for Sears may consider alternative positions:
- Macy's (NYSE: M) may not of reached the heights that it sets for itself, but the company still looksstrong, and the numbers are in the green.
- Ditto Kohl's (NYSE: KSS), which has had a steady year and does not seem to be closing any stores in the near future.
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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