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.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he is hearing nothing but positives of late about Nokia Corp (NYSE:NOK) over the previous four weeks. "I think it’s right to buy," he added.
Cramer said he doesn’t recommend selling SoFi Technologies, Inc. (NASDAQ:SOFI) here.
The "Mad Money" host said he has been behind Iron Mountain Incorporated (NYSE:IRM) as he likes its dividend. "I think you’re okay in it," he added.
Cramer said Alliance Resource Partners, L.P. (NASDAQ:ARLP) is one of the legitimate coal mining companies. He added, "I think coal’s at a decent price … I think they can make that yield."
When asked about Intrepid Potash Inc (NYSE:IPI), he said, "I am very worried about that industry because I’ve seen the prices of corn and wheat have been going down. And soy."
Cramer said Tattooed Chef Inc (NASDAQ:TTCF) doesn’t make money, and he is not recommending stocks that are not making money.
When asked about CRISPR Therapeutics AG (NASDAQ:CRSP), Cramer said, "I’m not going to bet against anyone who wants to be part of CRISPR technology, because it could be great."
Cramer recommended to continue holding Berkshire Hathaway Inc. (NYSE: BRK-B) as its "assets are great."
Check out our premarket coverage here .
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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