Mad Money Lightning Round: HUN Has Gone From Good To Better To Great, Says Jim (HUN, KERX, PALM, AMZN, AAPL, ASH, WIN, SNV, JDSU)


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.


In his "Mad Money Lightning Round" on Monday, Jim Cramer said that Huntsman (NYSE: HUN) should be bought as the company has improved tremendously. HUN was up 1.675 to $10.95 in after-hours trading.Cramer considered Keryx Biopharmaceutical (NASDAQ: KERX) to be a ‘speculative play.’ Although he recommended the stock, he has also put a word of caution. KERX traded at $5.72, up 0.35% in the after-hours session.Jim strongly recommended selling Palm (NASDAQ: PALM), as he believes it’s time to dispose off the stock. PALM slid 0.35% to $5.67 in after hours.For Amazon.com (NASDAQ: AMZN), Cramer has the view that the stock has been ‘beaten down beyond recognition,’ and he advised traders to opt for Apple (NASDAQ: AAPL) instead. AMZN slipped 0.03% to $131.25 in the after-hours session and AAPL closed at $253.99 yesterday, up 7.69%.Cramer called Ashland (NYSE: ASH) a ‘terrific company’ and acknowledged missing it completely earlier. ASH traded at $57.25, up 0.05% during after hours.Jim advised purchase of Windstream (NYSE: WIN). Shares of WIN climbed 1.69% to $10.84 in the after-hours.According to Cramer, Synovus Financial (NYSE: SNV) has become a very good buy, especially after the company issued its secondary offering. SNV closed at $2.99 after climbing 7.55% yesterday.Cramer says that the extensive sell-off seen in JDS Uniphase (NASDAQ: JDSU) shares was unjustified. Although the company did not post very impressive results for the latest quarter, Jim continued to believe in the stock. JDSU rose by 0.60% to $11.75 in the after-hours trading.Read more

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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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