September 22, 2010 6:46 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.
On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he considers Network Appliance (NASDAQ: NTAP) as the best storage play. He added, “I'd stick with it." Jim said that Petroleo Brasileiro (NYSE: PBR) is a real good stock, but he prefers other oils over it. He added, “I like yield and this one doesn't have it." He considers JDS Uniphase (NASDAQ: JDSU) being a red hot, adding that he was behind it for a long time. “I say let's ring the register; we've made enough money here." Cramer mentioned that while Natural gas has been under pressure, but he likes to endorse Inergy LP (NYSE: NRGY) along with Devon Energy (NYSE: DVN). For Mindray Medical (NYSE: MR), he said that, "If I'm going to do medical devices, I'm going with Abbott Laboratories (NYSE: ABT). I have no edge with yours."Read more on Jim's Views On Benzinga
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.