October 1, 2014 10:26 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.
At 10:25 am, the Dow tumbled 0.80% to 16,906.75, the broader Standard & Poor's 500 index moved down 0.64% to 1,959.74 and the NASDAQ composite index fell 0.89% to 4,453.60.The industries that are still afloat in the market today are:
Silver: The industry gained 0.68% by 10:25 am. The top performer in this industry was Hecla Mining Co (NYSE: HL), which gained 3.4%. Hecla Mining agreed to acquire 3,095,238 units of Canamex Resources.
REIT - Residential: This industry moved up 0.51% by 10:25 am.The top performer in this industry was Resource Capital (NYSE: RSO), which gained 1%. Resource Capital's trailing-twelve-month profit margin is 57.78%.
REIT - Office: This industry jumped 0.42% by 10:25 am. The top performer in this industry was DuPont Fabros Technology (NYSE: DFT), which rose 1.3%. DuPont Fabros Technology is expected to release its Q3 operating results on October 30, 2014.
Gold: This industry rose 0.30% by 10:25 am ET. The top performer in this industry was Lake Shore Gold (NYSE: LSG), which gained 4.1%. Gold futures gained 0.35% to trade at $1,215.90 an ounce.
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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