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.
Eli Lilly (NYSE:LLY) has outperformed the market over the past 5 years by 13.68% on an annualized basis.
Buying $100 In LLY: 5 years ago, an investor could have purchased 1.19 shares of Eli Lilly at the time with $100. This investment in LLY would have produced an average annual return of 26.07%. Currently, Eli Lilly has a market capitalization of $256.18 billion.
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Eli Lilly's Share Price Over Last 5 Years
This $100 investment would be worth $319.63 today based on a price of $269.00 for LLY at the time of writing.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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.