27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Corning Incorporated (NYSE:GLW) reported a disappointing quarter. "In this market, it stays disappointing, there’s just no bounce, maybe next year," he noted.
Cramer said Vertiv Holdings Co (NYSE:VRTV) is a Buy.
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The "Mad Money" host recommended holding Texas Instruments Incorporated (NASDAQ:TXN). "Now, they are very shareholder friendly, but then again, they do have a lot of industrial that is not doing that well… [but] you’re not going to make a lot of money in it right now, because that was a really terrible last quarter," he added.
Merck & Co., Inc. (NYSE:MRK) is doing "very, very well," he said.
Price Action: Shares of Merck fell 0.1% to close at $102.68, while Texas Instruments fell 0.9% to $140.50 on Monday. Vertiv rose 5.1% to settle at $38.28, while Corning gained 0.3% to close at $26.66 during Monday’s session
Now Read This: Investor Fear Eases Ahead Of Fed's Decision; Dow Notches Best Day Since June
Photo: Shutterstock
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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