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.
Shares of small-cap penny stock Houston American Energy Corporation (NASDAQ:HUSA) are trading higher by 16.3% at $5.10. The stock has also been trending amid retail investors on social media. Shares of energy and oil companies at large are also trading higher amid a gain in oil after Saudi Arabia suggested OPEC+ could make output cuts to support prices.
Energy names, including Houston American Energy, have also seen marked volatility in 2022 amid the Russia-Ukraine conflict, which has lifted oil and gas prices due to supply concerns.
Houston American Energy is an independent oil and gas company focused on the development, exploration, exploitation, acquisition and production of natural gas and crude oil properties.
According to data from Benzinga Pro, Houston American Energy has a 52-week high of $16.61 and a 52-week low of $1.07.
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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