September 17, 2014 11:22 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 0.11% to 17,150.17, while the NASDAQ composite index rose 0.06% to 4,555.46. The broader Standard & Poor's 500 index rose 0.09% to 2,000.85.The worst performing industries in the market today are:
Processed & Packaged Goods:This industry tumbled 1.19% by 10:45 am. The worst stock within the industry was General Mills (NYSE: GIS), which fell 3.6%. General Mills reported weaker-than-expected fiscal first-quarter results.
Resorts & Casinos:The industry dropped 0.96% by 10:45 am. The worst performer in this industry was Nevada Gold & Casinos (NYSE: UWN), which declined 5.6%. Nevada Gold & Casinos' trailing-twelve-month profit margin is 0.71%.
Silver:This industry declined 0.93% by 10:45 am, with Endeavour Silver (NYSE: EXK) moving down 3%. Silver futures fell 0.30% to trade at $18.67 an ounce.
Electronics Stores:This industry fell 0.84% by 10:45 am ET. RadioShack (NYSE: RSH) shares dropped 2.9% in today's trading. RadioShack shares have declined 75.18% over the past 52 weeks, while the S&P 500 index has gained 15.85% 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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