July 31, 2014 2:48 PM | 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.
On CNBC's Fast Money Halftime Report, Mike Murphy said that he added to his position in Whole Foods Market, Inc. (NASDAQ: WFM) this morning. He said that the stock didn't have a great quarter, but it was good and that is enough in his opinion. Whole Foods opened today's trading session at $36.18, or approximately 7.5% lower, but it managed to recover some of its losses and it is currently trading at $38.33 or 2.02% lower.Stephen Weiss wants to buy Halcon Resources Corp (NYSE: HK). The stock is currently trading 1.49% higher, at $6.13.Jon Najarian thinks that Carnival Corporation (NYSE: CCL) could move higher. Carnival Corporation is currently trading 0.27% lower at $36.46.Josh Brown would sell Target Corporation (NYSE: TGT). Although he didn't talk about his reasons for this decision it might be that he is not happy with the new CEO. Target announced today that Brian Cornell, an executive from PepsiCo, is going to be its new CEO. The stock is currently trading 2.28% lower, at $59.98.
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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