November 22, 2013 8:28 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.
The Fresh Market (NASDAQ: TFM) dipped 14.88% to $42.90 in the pre-market session after the company reported downbeat Q3 results and issued a weak profit outlook. Sterne Agee downgraded the stock from Buy to Neutral and lowered the price target from $59.00 to $44.00.Ross Stores (NASDAQ: ROST) dipped 8.11% to $73.75 after the company reported weak Q3 revenue and cut its Q4 earnings forecast.Intel (NASDAQ: INTC) shares dropped 2.14% to $24.69 in pre-market trading. Nomura maintained Intel with a Reduce rating.Nielsen Holdings NV (NYSE: NLSN) shares fell 1.69% to $39.53 in the pre-market trading after the company announced a 30 million share secondary common stock offering.
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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