September 15, 2014 10:29 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.
At 10:25 am, the Dow gained 0.04% to 16,993.88, the broader Standard & Poor's 500 index moved down 0.09% to 1,983.81 and the NASDAQ composite index fell 0.79% to 4,531.68.The industries that are supporting the market today are:
Building Materials Wholesale: The industry gained 1.90% by 10:25 am. The top performer in this industry was Bluelinx Holdings (NYSE: BXC), which gained 1.5%. Bluelinx's trailing-twelve-month revenue is $2.02 billion.
Publishing - Books: This industry moved up 1.64% by 10:25 am. The top performer in this industry was Pearson plc (NYSE: PSO), which gained 2%. Pearson shares have dropped 5.57% over the past 52 weeks, while the S&P 500 index has gained 16.96% in the same period.
Appliances: This industry jumped 1.16% by 10:25 am. The top performer in this industry was Whirlpool (NYSE: WHR), which rose 1.4%. Whirlpool receives final CSRC approval for acquisition of a 51% stake in Hefei Sanyo.
Photographic Equipment & Supplies: This industry rose 0.80% by 10:25 am ET. The top performer in this industry was Ballantyne Strong (NYSE: BTN), which gained 0.8%. Ballantyne Strong's trailing-twelve-month gross profit is $16.84 million.
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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