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 GrowGeneration Corp (NASDAQ:GRWG) was attractively valued in the teens. But then the stock spiked to the $5s range.
“We rang the register and never looked back,” he commented.
Cramer said that Biohaven Pharmaceutical Holding Co Ltd’s (NYSE:BHVN) migraine pill, Nurtec, is extraordinary and is enough to lend upside to the stock.
The host recommended doubling down on American Eagle Outfitters Inc (NYSE:AEO). He pointed out that the stock has a 3% yield and that it was JPMorgan analyst Matthew Boss’s favorite stock.
“I admit I was early, I was wrong. But now at 3%, with that usual growth that it’s got, let’s say I can’t be sanguine because I’m down on it, but I am excited about the prospects of the future,” Cramer added.
Cramer said he didn't know much about Accolade Inc (NASDAQ:ACCD). He believes RadNet (NASDAQ:RDNT) is a good stock. Although it has declined recently, it's the kind of healthcare stock he likes.
“It’s a high-multiple stock, that’s what’s hurting it,” he added.
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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