July 23, 2014 10:53 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.
At 10:50 am, the Dow dropped 0.05% to 17,105.25, the broader Standard & Poor's 500 index moved up 0.26% to 1,988.64 and the NASDAQ composite index rose 0.48% to 4,477.45.The industries that are supporting the market today are:
Diagnostic Substances: This industry rose 2.06% by 10:50 am ET. The top performer in this industry was Neogen (NASDAQ: NEOG), which gained 11%. Neogen reported upbeat quarterly revenue.
Electronics Stores: The industry gained 1.41% by 10:50 am. The top performer in this industry was GameStop (NYSE: GME), which gained 2.9%. GameStop's PEG ratio is 0.78.
Regional Airlines: This industry jumped 1.25% by 10:50 am. The top performer in this industry was Hawaiian Holdings (NYSE: HA), which rose 10.5%. Hawaiian Holdings reported better-than-expected Q2 earnings.
Building Materials Wholesale: This industry moved up 1.20% by 10:50 am. The top performer in this industry was Bluelinx Holdings (NYSE: BXC), which gained 2.4%. Bluelinx shares have dropped 40.19% over the past 52 weeks, while the S&P 500 index has gained 17.20% in the same period.
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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