January 18, 2012 7:58 PM | 1 min read |
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.
, Brian Stutland said that El Paso Corporation (NYSE: EP) could be trading above $30 in the not too distant future. El Paso Corporation (EP) gained 0.30% today, and it closed at $26.98.Tim Seymour said that he would buy Sociedad Quimica y Minera (ADR) (NYSE: SQM) and Compania de Minas Buenaventura SA (ADR) (NYSE: BVN) as Brazil decided to cut rates. Compania de Minas Buenaventura SA (ADR) (BVN) fell 0.68% on Wednesday, and Sociedad Quimica y Minera (ADR) (NYSE: SQM) added 1.89%.Jon Najarian said that somebody bought 10,000 June call options in AK Steel Holding Corporation (NYSE: AKS). He is following on this trade. AK Steel Holding Corporation (AKS) jumped 1.32% in the regular trading session, and it added 2.29%.Karen Finerman is going to sell the February 450 or 460 calls in Apple Inc. (NASDAQ: AAPL) against the stock tomorrow. Apple Inc. (AAPL) gained 1.04%, and it closed at $429.11. Joe Terranova bought some Ford (NYSE: F) as it jumped above its 200-day moving average. He would also buy Juniper Networks, Inc. (NYSE: JNPR) tomorrow. Ford (F) gained 2.70% today, and Juniper Networks, Inc. (NYSE: JNPR) added 5.98%.
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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