September 16, 2014 11:02 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.
The Dow gained 0.01% to 17,032.17, while the NASDAQ composite index rose 0.11% to 4,523.91. The broader Standard & Poor's 500 index rose 0.17% to 1,987.53.The worst performing industries in the market today are:
Music & Video Stores:This industry tumbled 1.34% by 10:45 am. The worst stock within the industry was Netflix, (NASDAQ: NFLX), which fell 1.5%. Netflix's PEG ratio is 3.91.
Silver:The industry dropped 1.33% by 10:45 am. The worst performer in this industry was Coeur Mining (NYSE: CDE), which declined 1.4%. Silver futures gained 0.05% to trade at $18.63 an ounce.
Long Distance Carriers:This industry declined 1.27% by 10:45 am, with Elephant Talk Communications (NYSE: ETAK) moving down 4.9%. Elephant Talk Communications' trailing-twelve-month profit margin is -73.24%.
Cement:This industry fell 0.98% by 10:45 am ET. CRH plc (NYSE: CRH) shares dropped 2.2% in today's trading. CRH shares have gained 0.21% over the past 52 weeks, while the S&P 500 index has jumped 16.88% in the same period.
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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