May 7, 2014 8:17 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.
Whole Foods Market (NASDAQ: WFM) dropped 16.68% to $39.95 in pre-market trading after the company reported weaker-than-expected fiscal second-quarter results and cut its guidance for 2014. Trimble Navigation (NASDAQ: TRMB) dipped 12.23% to $33.50 in pre-market trading after the company reported downbeat Q1 results and issued a weak Q2 outlook.FireEye (NASDAQ: FEYE) shares fell 12.07% to $32.65 in pre-market trading after the company reported a Q1 loss of $0.53 per share on revenue of $74.0 million and announced its plans to buy Npulse Technologies. Groupon (NASDAQ: GRPN) shares dropped 7.74% to $6.20 in pre-market trading after the company issued a weak forecast. However, the company reported better-than-expected first-quarter results.
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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