September 29, 2014 11:08 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 dropped 0.54% to 17,020.23, while the NASDAQ composite index fell 0.28% to 4,499.51. The broader Standard & Poor's 500 index fell 0.46% to 1,973.65.The worst performing industries in the market today are:
Foreign Utilities:The industry dropped 2.97% by 11:00 am. The worst performer in this industry was CPFL Energia S.A. (NYSE: CPL), which declined 3.9%. CPFL Energia's PEG ratio is 2.74.
Foreign Regional Banks:This industry declined 2.74% by 11:00 am, with Itaú Unibanco Holding S.A. (NYSE: ITUB) moving down 7.6%. Itaú Unibanco shares have surged 19.54% over the past 52 weeks, while the S&P 500 index has jumped 17.21% in the same period.
Building Materials Wholesale:This industry fell 2.01% by 11:00 am ET. Louisiana-Pacific (NYSE: LPX) shares dropped 2.3% in today's trading. Louisiana-Pacific's trailing-twelve-month operating margin is -0.49%.
Foreign Money Center Banks:This industry tumbled 1.89% by 11:00 am. The worst stock within the industry was Banco Santander SA (NYSE: SAN), which fell 2.7%. Banco Santander's trailing-twelve-month ROA is 0.50%.
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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