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.
Nucor (NYSE:NUE) has outperformed the market over the past 20 years by 5.27% on an annualized basis producing an average annual return of 12.98%. Currently, Nucor has a market capitalization of $45.89 billion.
Buying $100 In NUE: If an investor had bought $100 of NUE stock 20 years ago, it would be worth $1,145.88 today based on a price of $186.65 for NUE at the time of writing.
Nucor's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!