July 28, 2014 10:48 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 10:45 am, the Dow dropped 0.27% to 16,914.34, the broader Standard & Poor's 500 index moved down 0.37% to 1,971.09 and the NASDAQ composite index fell 0.56% to 4,424.59.The industries that are still afloat in the market today are:
Internet Service Providers: This industry rose 2.43% by 10:45 am ET. The top performer in this industry was Trulia (NYSE: TRLA), which gained 8.8%. Zillow (NASDAQ: Z) announced its plans to buy Trulia for $3.5 billion in stock.
Nonmetallic Mineral Mining: The industry gained 1.30% by 10:45 am. The top performer in this industry was Yanzhou Coal Mining Co (NYSE: YZC), which gained 3.3%. Yanzhou Coal Mining's trailing-twelve-month revenue is $9.80 billion.
Resorts & Casinos: This industry moved up 1.20% by 10:45 am. The top performer in this industry was Melco Crown Entertainment (NASDAQ: MPEL), which gained 2.4%. Melco Crown Entertainment is expected to post its Q2 unaudited financial results on August 7, 2014.
Publishing - Books: This industry jumped 0.94% by 10:45 am. The top performer in this industry was Pearson plc (NYSE: PSO), which rose 1.3%. Pearson shares have dropped 4.40% over the past 52 weeks, while the S&P 500 index has gained 17.39% 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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