March 7, 2014 3:34 PM | 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.
Shares of Palo Alto Networks (NASDAQ: PANW) made a sharp move higher in Friday's afternoon trading session as a federal judge declared a mistrial in the company's case with Juniper Networks (NASDAQ: JNPR). Jurors involved in the case could not come to a decision; Juniper had filed a suit against Palo Alto related to the alleged infringement of three patents. Sources have not yet reported on any details related to how long the trial will be suspended. Palo Alto shares spiked about 10 percent as news of the mistrial began hitting the wires. Shares of Juniper have ticked off session lows following the report, but are still down about 0.5 percent to $26.32 at last check.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.