October 1, 2014 12:22 PM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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 1.09% to 16,857.43, while the NASDAQ composite index fell 1.11% to 4,443.45. The broader Standard & Poor's 500 index fell 0.80% to 1,956.57.The worst performing industries in the market today are:
Photographic Equipment & Supplies:The industry dropped 4.57% by 12:10 pm. The worst performer in this industry was GoPro (NASDAQ: GPRO), which declined 3.4%. GoPro's PEG ratio is 3.35.
Wholesale, Other:This industry declined 2.38% by 12:10 pm, with United Stationers (NASDAQ: USTR) moving down 2.3%. United Stationers is expected to report Q3 results on October 22, 2014.
Regional Airlines:This industry fell 2.09% by 12:10 pm ET. Gol Linhas Aéreas Inteligentes SA (NYSE: GOL) shares dropped 3.5% in today's trading. Gol Linhas Aéreas Inteligentes shares have dropped 3.61% over the past 52 weeks, while the S&P 500 index has gained 16.44% in the same period.
Dairy Products:This industry tumbled 2.06% by 12:10 pm. The worst stock within the industry was Dean Foods Company (NYSE: DF), which fell 3%. Analysts at BB&T Capital downgraded Dean Foods from Buy to Hold.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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