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.
Top Headline
Home Depot (NYSE: HD) reported a 43% gain in its fiscal third-quarter profit and lifted its forecast for the year.
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!
Home Depot's quarterly profit surged to $1.35 billion, or $0.95 per share, from a year-ago profit of $947 million, or $0.63 per share. Its sales increased 7.4% to $19.47 billion. However, analysts were expecting earnings of $0.90 per share on revenue of $19.18 billion. Home Depot's same-store sales climbed 7.4% in the quarter.
Equities Trading UPTile Shop Holdings (NASDAQ: TTS) was on the rise throughout Tuesday's session, gaining 6.53 percent to $17.39 despite a Citigroup report downgrading the company saying it will take time for shares to recover.Shares of Brocade Communications Systems (NASDAQ: BRCD) got a boost,shooting up 9.20 percent to $8.84 after the company reported a better-than-expected Q4 profit.
United Airlines (NYSE: UAL) was up as well, gaining 4.43 percent to $37.99 after the company announced it would roll out a program to cut costs by $2 billion annually.Equities Trading DOWNShares of Oiltanking Partners LP (NYSE: OILT) were down 9.60 percent to $58.25 after the company priced an offering of 2.6 million common units.
Best Buy Co (NYSE: BBY) shares tumbled 9.94 percent to $39.23 after the company swung to a profit in the fiscal third-quarter profit.FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
Stratasys (NASDAQ: SSYS) was down as well, falling 8.00 percent to $118.00 following a rally Monday, possibly linked to a market wide selloff of higher beta names as fear gripped the street.
Silver traded down 0.11 percent Tuesday to $20.38, while copper rose 0.21 percent to $3.17.
EurozoneEuropean shares were lower today. The Spanish Ibex Index fell 1.57 percent, while Italy's FTSE MIB Index tumbled 1.77 percent. Meanwhile, the German DAX fell 0.35 percent and the French CAC 40 dropped 1.12 percent while U.K. shares declined 0.38 percent.EconomicsUS employment cost index rose 0.4% in the third quarter, versus a 0.5% growth in the second quarter. However, economists were expecting a 0.5% growth.
The ICSC-Goldman Sachs store sales index rose 0.1% in the week ending Saturday versus previous week.The Johnson Redbook Retail Sales Index declined 0.7% in the first two weeks of November versus October.
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.