May 21, 2014 10:35 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.
Dick's Sporting Goods (NYSE: DKS) shares fell 1.07% to reach a new 52-week low of $43.13. Analysts at JP Morgan downgraded Dick's Sporting from Overweight to Neutral and lowered the target price from $63 to $50.PetSmart (NASDAQ: PETM) shares dropped 6.08% to touch a new 52-week low of $58.41 after the company reported Q1 earnings of $1.04 per share on revenue of $1.73 billion and lowered its FY14 earnings forecast.The Wet Seal (NASDAQ: WTSL) shares fell 1.93% to reach a new 52-week low of $0.98. Wet Seal's PEG ratio is -0.07.TetraLogic Pharmaceuticals (NASDAQ: TLOG) shares tumbled 4.18% to reach a new 52-week low of $4.59. TetraLogic Pharma's trailing-twelve-month EPS is -$3.24.
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.