27% profits every 20 days?
This is what Nic Chahine averages with his options 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 SK Telecom Co.,Ltd (NYSE:SKM) is good, but he doesn’t like the carrier business as it's getting competitive. He recommends owning Facebook if "you want metaverse" exposure.
Cramer said Eventbrite, Inc. (NYSE:EB) is an event planning company with a great management.
The "Mad Money" host said Encore Wire Corporation (NASDAQ:WIRE) stock has been trading up-and-down from the first day, and is now trading higher. Cramer said he doesn’t recommend a parabolic stock, calling it "too dangerous."
Cramer said he is not able to figure out why Origin Materials, Inc. (NASDAQ:ORGN) has been moving lower "when everyone in its cohort" is going up.
Price Action: Shares of SK Telecom rose 1.4%, while Eventbrite’s stock gained 4.7% on Monday. Encore Wire shares gained 4.6%, while Origin Materials shares climbed 8% on Monday.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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