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.
Ford Motor Company (NYSE: F) was removed from the US 1 list at Bank of America Merrill Lynch on Wednesday.
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According to BofA, “the US 1 list is intended to represent a collection of our best investment ideas that are drawn from the universe of “Buy” rated US-listed stocks(includingADRs),covered by BofA Merrill Lynch fundamental equity research analysts.”
The change in coverage came as a result of Ford’s listing expiring after a 12-month term on the list and BofA declining to extend its term. The change could put further pressure on the stock.
Ford announced this week that it expects to report a pre-tax profit this year of $6 Billion, $1.5 Billion less than forecast earlier in the year. Shares fell nearly 8 percent on the news.
Ford closed at $14.79 on Tuesday.
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.