August 7, 2014 10:49 AM | 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.
At 10:45 am, the Dow gained 0.11% to 16,461.00, the broader Standard & Poor's 500 index moved up 0.15% to 1,923.18 and the NASDAQ composite index rose 0.36% to 4,370.65.The industries that are driving the market today are:
Computer Peripherals: This industry rose 6.41% by 10:45 am ET. The top performer in this industry was Stratasys (NASDAQ: SSYS), which gained 21.4%. Stratasys reported better-than-expected quarterly results and lifted its forecast.
Music & Video Stores: The industry gained 2.65% by 10:45 am. The top performer in this industry was Netflix (NASDAQ: NFLX), which gained 2.7%. Netflix's trailing-twelve-month revenue is $4.89 billion.
General Entertainment: This industry moved up 2.20% by 10:45 am. The top performer in this industry was Viggle (NASDAQ: VGGL), which gained 6.8%. Viggle released July metrics.
Synthetics: This industry jumped 1.90% by 10:45 am. The top performer in this industry was Tronox (NYSE: TROX), which rose 6.3%. Tronox posted a quarterly adjusted net loss of $0.00 per diluted share.
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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