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.
U.S. stocks closed higher with the Dow Jones surging more than 400 points on Wednesday. Here is the list of some big stocks moving higher in the previous session.
- Korn Ferry (NYSE:KFY) dropped 11.6% to close at $53.24 following downbeat quarterly earnings.
- UiPath Inc. (NYSE:PATH) declined 11.2% to close at $13.84 after the company issued Q3 and FY23 sales guidance below analyst estimates.
- John Wiley & Sons, Inc. (NYSE:WLY) fell 9.8% to close at $41.58 after the company reported worse-than-expected Q1 EPS and sales results.
- Cogent Communications Holdings, Inc. (NASDAQ:CCOI) fell 8.3% to close at $49.63. Cogent Communications agreed to snap T-Mobile US, Inc's (NASDAQ:TMUS) Wireline Business.
- AMTD Digital Inc. (NYSE:HKD) dropped 8.2% to settle at $63.27.
- Vermilion Energy Inc. (NYSE:VET) fell 7.6% to close at $23.26 amid a drop in oil prices as economic concerns weigh on demand outlook.
- Frontline Ltd. (NYSE:FRO) declined 7.2% to settle at $12.05. Shares of energy companies traded lower amid a drop in oil prices as economic concerns weigh on demand outlook.
- Iridium Communications Inc. (NASDAQ:IRDM) dipped 6.8% to settle at $43.86. Iridium Communications, during July, better-than-expected sales results.
- Kosmos Energy Ltd. (NYSE:KOS) fell 6.2% to settle at $6.20.
- Sotera Health Company (NASDAQ:SHC) fell 6.1% to close at $15.92.
- G-III Apparel Group, Ltd. (NASDAQ:GIII) fell 5.6% to close at $18.73 after the company posted downbeat quarterly earnings and lowered FY23 forecast.
- GameStop Corp. (NYSE:GME) fell 4.4% to close at $24.04. The company released quarterly earnings after the closing bell on Wednesday.
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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