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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McGraw Hill (NYSE: MHP) announced it would sell its education unit to Apollo for $2.5 billion this morning, causing its share price to rise just under 2.6 percent.Equities Trading UP
MBIA (NYSE: MBI) traded up 7.78 percent in early trading to $9.01 after the company announced the closing of a new financing agreement this morning.Deckers Outdoor (NASDAQ: DECK) rose 6.50 percent to $35.23 following a reiteration at Wedbush Securities and an increase in price target.Shares of Facebook (NASDAQ: FB) also saw a boost Monday, trading up 7.01 percent to $25.68 following an upgrade at BTIG and Bernstein.Equities Trading DOWN
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In commodity news, oil traded down 0.71 percent to $87.57, while gold traded down -0.20 percent to $1,747.90.Silver traded down 0.10 percent Tuesday to $34.01.Eurozone
European markets fell early this morning as European finance ministers continue to meet to discuss the Greek bailout for the third straight week. Economics
In economic news the Chicago fed national activity index came in at -0.56, below the previous figure of 0.00, while the Dallas fed manufacturing index was reported at -2.8, well below the expected 2.5 and the prior release of 1.8.
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.