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.
U.S. indices had a mixed day of trading Monday as investors weigh Friday’s better-than-expected jobs data, infrastructure news and recent earnings.
- The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) gained 0.18% to $368.73
- The SPDR S&P 500 ETF Trust (NASDAQ:SPY) lost 0.08% to $442.15
- The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) lost 0.27% to $351.15
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Here are the day's winners and losers from the QQQ, according to data from Benzinga Pro.
Moderna Inc (NASDAQ:MRNA), NetEase Inc (NASDAQ:NTES) and JD.Com Inc (NASDAQ:JD) were among the top gainers for the QQQ Monday.
Sirius XM Holdings Inc (NASDAQ:SIRI), Marriott International Inc (NASDAQ:MAR) and Advanced Micro Devices, Inc. (NASDAQ:AMD) were among the top losers for the QQQ.
Elsewhere On The Street
Starbucks Corporation (NASDAQ:SBUX) reached a new all-time high of $126.32 on July 23 but sold off almost 7% after its third-quarter earnings beat failed to propel the stock into a blue sky run… Read More
Tesla, Inc's. (NASDAQ:TSLA) clout will likely make the Indian government come around, if reports are to be believed… Read More
A leading iGaming operator is being acquired by the online sports betting company present in the most states… Read More
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.