September 26, 2013 10:38 AM | 1 min read |
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.
At 10:30 am, the Dow gained 0.62% to 15,368.15, the broader Standard & Poor's 500 index moved up 0.55% to 1,702.14 and the NASDAQ composite index surged 0.78% to 3,790.53.The industries that are driving the market today are:Home Furnishing Stores: This industry jumped 3.31% by 10:30 am. The top performer in this industry was Gordmans Stores (NASDAQ: GMAN), which rose 1.7%. Gordmans Stores' PEG ratio is 1.30.Catalog & Mail Order Houses: This industry rose 2.23% by 10:30 am ET. The top performer in this industry was E-Commerce China Dangdang (NYSE: DANG), which gained 9.1%. E-Commerce China Dangdang shares have jumped 100.42% over the past 52 weeks, while the S&P 500 index has gained 16.97% in the same period. Long Distance Carriers: This industry moved up 1.46% by 10:30 am. The top performer in this industry was General Communication (NASDAQ: GNCMA), which gained 1.2%. General Communication's trailing-twelve-month operating margin is 12.66%.Music & Video Stores: The industry gained 1.26% by 10:30 am. The top performer in this industry was Netflix (NASDAQ: NFLX), which gained 1.3%. Netflix had $1.08 billion in total cash for the latest quarter.
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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