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 American Airlines Group Inc. (NASDAQ:AAL) is "just doing ok. I more favor Delta Air Lines, Inc. (NYSE:DAL) right now."
When asked about Warner Bros. Discovery, Inc. (NASDAQ:WBD), he said, "I need to see a quarter that demonstrates a lot of cashflow. If that happens, then we will get on it. Maybe we have to pay higher, I don’t care."
Cramer recommended waiting for a pullback in Cloudflare, Inc. (NYSE:NET) stock as it has moved too much. "I think you’re a little late to that party," he added. The company’s stock has surged around 87% year-to-date.
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"You know, it’s probably not bad," Cramer said about ZipRecruiter, Inc. (NYSE:ZIP). "I just don’t see a catalyst there."
Price Action:
- Shares of ZipRecruiter gained 2.3% to close at $13.96
- Cloudflare rose 2.8% to $80.38 on Wednesday.
- Warner Bros. Discovery rose 5.8% to settle at $11.88 during Wednesday’s session.
- American Airlines shares rose 0.4% to settle at $14.09, while Delta fell 0.1% to $41.19 on Wednesday.
Now Read This: Top 5 Tech And Telecom Stocks That May Crash In December
Image: Shutterstock, edited
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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