July 15, 2014 11:02 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.
The Dow dropped 0.07% to 17,043.28, while the NASDAQ composite index tumbled 0.65% to 4,411.72. The broader Standard & Poor's 500 index fell 0.24% to 1,972.27.The worst performing industries in the market today are:Toy & Hobby Stores: This industry tumbled 2.83% by 11:00 am. The worst stock within the industry was Build-A-Bear Workshop (NYSE: BBW), which fell 2.8%. Build-A-Bear Workshop is expected to report its FQ2 results on July 24, 2014.Manufactured Housing: This industry fell 2.13% by 11:00 am ET. Tile Shop Holdings (NASDAQ: TTS) shares dropped 4.6% in today's trading. Tile Shop shares have dropped 61.41% over the past 52 weeks, while the S&P 500 index has surged 17.95% in the same period.Drug Related Products: The industry dropped 2.10% by 11:00 am. The worst performer in this industry was Perrigo Company (NYSE: PRGO), which declined 3.2%. Perrigo's PEG ratio is 2.04.Cigarettes: This industry moved down 1.93% by 11:00 am, with Lorillard (NYSE: LO) moving down 7.5%. Reynolds American (NYSE: RAI) agreed to acquire Lorillard in a cash-and-stock transaction valued at $27.4 billion, including the assumption of net debt.
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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