July 28, 2014 11:58 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 0.28% to 16,913.43, while the NASDAQ composite index fell 0.54% to 4,425.38. The broader Standard & Poor's 500 index declined 0.35% to 1,971.33.The worst performing industries in the market today are:
Manufactured Housing:This industry tumbled 3.07% by 11:00 am. The worst stock within the industry was Tile Shop Holdings (NASDAQ: TTS), which fell 5.5%. Tile Shop is expected to report its quarterly earnings after the closing bell.
Toy & Hobby Stores:This industry fell 2.75% by 11:00 am ET. Build-A-Bear Workshop (NYSE: BBW) shares dropped 2.7% in today's trading. Build-A-Bear Workshop's trailing-twelve-month profit margin is 1.31%.
Building Materials Wholesale:The industry dropped 2.31% by 11:00 am. The worst performer in this industry was Louisiana-Pacific (NYSE: LPX), which declined 3.5%. Louisiana-Pacific is expected to report its Q2 financial results on August 5, 2014.
Catalog & Mail Order Houses:This industry moved down 1.38% by 11:00 am, with LiveDeal (NASDAQ: LIVE) moving down 3.7%. LiveDeal shares have jumped 357.96% 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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