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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Utilities sector gained 1.12 percent, with Companhia Paranaense de Energia (NYSE: ELP) moving up 4.3 percent to gain the top spot. Among leading sector stocks, gains came from Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS), CPFL Energia SA (NYSE: CPL) and Companhia Energética de Minas Gerais SA (NYSE: CIG). Technology sector was the leading decliner in the US market today. Top losers in the sector included Constant Contact (NASDAQ: CTCT), off 8.1 percent, and Ku6 Media Co (NASDAQ: KUTV), down 9.1 percent. Top Headline
CarMax (NYSE: KMX) reported weaker-than-expected fiscal fourth-quarter results and increased its share-buyback plan by $1 billion. CarMax's quarterly profit fell to $99.2 million, or $0.44 per share, versus a year-ago profit of $107.2 million, or $0.46 per share. Its revenue climbed 8.8% to $3.08 billion. However, analysts were expecting earnings of $0.53 per share on revenue of $3.12 billion. Equities Trading UP
SYNNEX (NYSE: SNX) shares shot up 24.30 percent to $77.59 after the company reported better-than-expected fiscal first-quarter results and issued a strong forecast for the fiscal second quarter. For the current quarter, Synnex expected earnings of $1.34 to $1.38 per share on revenue of $3.1 billion to $3.2 billion.Shares of Mylan (NASDAQ: MYL) got a boost, shooting up 4.79 percent to $52.25 on reports of interest in Sweden's Meda.IMS Health Holdings (NYSE: IMS) shares were also up, gaining 13 percent to $22.60 in their debut on the NYSE.Equities Trading DOWN
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In commodity news, oil traded up 0.91 percent to $101.20, while gold traded up 1.11 percent to $1,298.80. Silver traded up 1.41 percent Friday to $20.09, while copper rose 0.84 percent to $3.05.Euro zone
European shares were higher today. The Spanish Ibex Index rose 0.88 percent, while Italy's FTSE MIB Index climbed 0.83 percent. Meanwhile, the German DAX surged 0.70 percent and the French CAC 40 jumped 0.79 percent while U.K. shares gained 0.59 percent.Economics
The US economy added 192,000 jobs in March, while the unemployment rate remained steady at 6.7%. However, economists were estimating an addition of 200,000 nonfarm jobs in the month.
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.