April 10, 2014 8:26 AM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Analysts at Bank of America downgraded Bed Bath & Beyond (NASDAQ: BBBY) from “buy” to “neutral.” The target price for Bed Bath & Beyond has been lowered from $87 to $72. Bed Bath & Beyond's shares closed at $67.91 yesterday. Analysts at S&P Capital IQ downgraded Core Laboratories NV (NYSE: CLB) from “buy” to “hold.” The target price for Core Laboratories is set to $204. Core Laboratories' shares closed at $199.67 yesterday.Nomura downgraded Molson Coors Brewing Company (NYSE: TAP) from “buy” to “neutral.” The target price for Molson Coors Brewing is set to $60. Molson Coors Brewing's shares closed at $59.33 yesterday.Analysts at Barclays downgraded CF Industries Holdings (NYSE: CF) from “overweight” to “equal-weight.” The target price for CF Industries is set to $267. CF Industries' shares closed at $255.41 yesterday.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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