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 Alibaba Group Holding Limited (NYSE:BABA) can go higher, but he is not recommending any Chinese shares.
Cramer said he likes Toll Brothers, Inc. (NYSE:TOL) over Skyline Champion Corporation (NYSE:SKY).
When asked about United States Steel Corp (NYSE:X), Cramer said there is "too much negativity" around steel right now. He added, "The one you would buy is Nucor Corporation (NYSE:NUE), and it has to come down a little bit more."
Cramer said he would be careful with Tenneco Inc (NYSE:TEN). He added, "I do not have a great call on what will happen with TEN."
The "Mad Money" host said he is not recommending stocks that are losing money with "really bad balance sheets," when asked about The Boeing Company (NYSE:BA).
Cramer said he has always liked Synopsys Inc (NASDAQ:SNPS). "I do believe the semiconductor stocks have come down too much, and there are other semiconductor companies that I think are cheaper to buy than that one," he added.
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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