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 lower with the Dow Jones dropping more than 300 points on Tuesday. Here is the list of some big stocks recording losses in the previous session.
- Pagaya Technologies Ltd. (NASDAQ:PGY) shares fell 67.2% to close at $2.29 after dropping 11% on Monday.
- Tellurian Inc. (NYSE:TELL) fell 23.9% to close at $2.97.
- CF Acquisition Corp. VI (NASDAQ:RUM) dipped 23.9% to close at $12.79.
- AMTD Digital Inc. (NYSE:HKD) dipped 21.2% to settle at $72.50.
- Digital World Acquisition Corp. (NASDAQ:DWAC) dropped 16.9% to close at $18.61 following an FT report suggesting investors in the SPAC are pushing for better terms in a financing package.
- Sotera Health Company (NASDAQ:SHC) fell 16.6% to close at $8.20.
- Ford Motor Company (NYSE:F) fell 12.3% to close at $13.09 after the company previewed the effect of parts shortages on the company in the third-quarter and said inflation-related supplier costs during the third quarter will run about $1.0 billion higher than originally expected. The company also projects to have about 40,000 to 45,000 vehicles in inventory at end of third quarter lacking certain parts presently in short supply.
- Iron Mountain Incorporated (NYSE:IRM) fell 9.8% to close at $50.65 following the company's Investor Event.
- AMC Entertainment Holdings, Inc. (NYSE:APE) declined 9.4% to close at $4.23.
- QuantumScape Corporation (NYSE:QS) fell 9.2% to settle at $10.18.
- Chewy, Inc. (NASDAQ:CHWY) fell 8.7% to close at $32.49.
- Farfetch Limited (NYSE:FTCH) dipped 8.7% to settle at $9.39.
- Opendoor Technologies Inc. (NASDAQ:OPEN) fell 8.3% to close at $3.56.
- Dana Incorporated (NYSE:DAN) dipped 7.5% to close at $13.76.
- Carvana Co. (NYSE:CVNA) fell 7.4% to settle at $30.97.
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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