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.
CNBC's Courtney Reagan presented results on Thursday of the survey conducted by the network on retail investors that are capable to survive in the long run.
She explained that Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) will be around in 25 years, because we are still going to live in houses and condos, but the merchandise is going to shift to connected home type devices.
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Amazon.com (NASDAQ: AMZN) has also found a place among the survivors in this survey. The stock has been struggling recently, but the level of investment and innovations could be the reasons for this company to stick around.
Fashion players like ZARA, Topshop and H&M are going to grow at the expense of specialty players, including Ann Taylor, American Eagle Outfitters (NYSE: AEO), Aeropostale (NYSE: ARO) and Abercrombie & Fitch (NYSE: ANF).
Digital downloads will, according to survey, make it difficult for Barnes & Noble (NYSE: BKS) to be around in 25 years and GameStop (NYSE: GME) will struggle as customers are seeking entertainment from home.
Office Depot (NYSE: ODP), RadioShack (NYSE: RSH) and Staples (NASDAQ: SPLS) were also named among the companies that won't make it. Staples' co-founder Thomas Stemberg does not agree on the fate of Staples. He thinks that J.C. Penney (NYSE: JCP) and Sears will not be around in 10 or 15 years. They have a debt spiral that is not going to stop, he explained.
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.