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 people actually trust Coinbase Global Inc (NASDAQ:COIN). "They believe in it, and that is going to keep it from going down much more." However, he added, "Not enough of a reason for me to own it."
When asked about Lucid Group Inc (NASDAQ:LCID), he said, "I love the car. They’re losing too much money."
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The "Mad Money" host recommended not going for Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX).
When asked about FLEX LNG Ltd (NYSE:FLNG), Cramer said, "Jimmy Chill likes FLEX. Why? Because it’s got a product that we all need."
"The whole neighborhood went to hell," Cramer said, when asked about ChargePoint Holdings Inc (NYSE:CHPT).
Photo courtesy of Lucid Group.
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.