Jim Cramer Shares His Take On Silicon Motion Technology, New York Community Bancorp And More


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 New York Community Bancorp Inc’s (NYSE:NYCB) yield is too high. "I’m going to pull in my horns on something like that … It gives me the willies."

Cramer recommended selling Silicon Motion Technology Corporation (NASDAQ:SIMO).

When asked about Golar LNG Limited (NASDAQ:GLNG), Cramer said "I see you with Golar, and raise you with Excelerate Energy, Inc. (NYSE:EE)."

The "Mad Money" host said Equitrans Midstream Corporation (NYSE:ETRN) is a very good company.

Cramer said as the credit war is over in Europe, Banco Santander, S.A. (NYSE:SAN) is going down.


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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