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 finished higher Monday as investors await this week’s Federal Reserve minutes and monitor the ongoing Russia-Ukraine conflict. The Nasdaq gained today amid strength in Twitter Inc (NYSE:TWTR) after Elon Musk disclosed a 9.2% stake in the company.
- The Nasdaq composite finished higher by 1.90% to 14,532; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) gained 2.06% to $369.30
- The S&P 500 traded higher by 0.81% to 4,582; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) gained 0.86% to $456.80
- The Dow Jones composite finished flat at 11,888; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished higher by 0.35% at $349.24
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Here are the day's winners and losers from the Nasdaq-100, according to data from Benzinga Pro.
Pinduoduo Inc - ADR (NASDAQ:PDD), Baidu Inc (NASDAQ:BIDU) and Okta Inc (NASDAQ:OKTA) were among the top gainers for the Nasdaq Monday.
Starbucks Corporation (NASDAQ:SBUX), Moderna Inc (NASDAQ:MRNA) and eBay Inc (NASDAQ:EBAY) were among the top losers for the Nasdaq-100.
Elsewhere On The Street
JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon touched on several topics at the forefront of society in an annual letter to shareholders, including the company's work-from-home practices… Read More
Just a few days into April, a popular investor known for sharing his short ideas has already taken on Donald Trump, Cathie Wood and now Elon Musk with short bets and callouts… Read More
Amid a grapple with different headwinds such as a spike in the cost of raw materials and Covid-19 reinvigoration, Chinese auto startup makers Xpeng, Li Auto and Nio are seeing a spike in car deliveries… 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.