August 4, 2014 2:27 PM | 1 min read |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Mad Dash, Jim Cramer talked about a potential partnership between Apple Inc. (NASDAQ: AAPL) and Visa Inc (NYSE: V). He noticed that T-Mobile's (NYSE: TMUS) CEO, John Legere, said last week that iconic iPhone 6 is coming out and Cramer believes that iPhone 6 was called iconic by Mr. Leger because the phone has mobile payment in it. He added that Visa CEO, Charles Sharf, talked about revolution that is coming in mobile payments. This statement made Cramer thinking about a handset and he believes that it could be Apple's iPhone 6. Cramer explained that mobile payment is the future and he is watching the development. He said that Visa has great contacts with every bank and it is quite possible that it could offer the right solution for mobile payment.Visa is trading 0.12% higher today and Apple fell 0.51%.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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