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.
Cleveland-Cliffs (NYSE:CLF) has outperformed the market over the past 20 years by 3.15% on an annualized basis producing an average annual return of 9.92%. Currently, Cleveland-Cliffs has a market capitalization of $12.06 billion.
Buying $1000 In CLF: If an investor had bought $1000 of CLF stock 20 years ago, it would be worth $6,645.49 today based on a price of $22.98 for CLF at the time of writing.
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!
Cleveland-Cliffs's Performance Over Last 20 Years
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.
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.