October 13, 2014 10:17 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 10:15 am, the Dow dropped 0.23% to 16,505.48, the broader Standard & Poor's 500 index moved down 0.39% to 1,898.77 and the NASDAQ composite index fell 0.62% to 4,249.74.The industries that are still afloat in the market today are:
Foreign Regional Banks: The industry gained 2.74% by 10:15 am. The top performer in this industry was Banco Bradesco S.A. (NYSE: BBD), which gained 7.2%. Banco Bradesco's PEG ratio is 0.58.
Foreign Utilities: This industry moved up 2.05% by 10:15 am. The top performer in this industry was CPFL Energia S.A. (NYSE: CPL), which gained 2.8%. CPFL Energia's trailing-twelve-month revenue is $6.30 billion.
Foreign Money Center Banks: This industry jumped 1.64% by 10:15 am. The top performer in this industry was HSBC Holdings plc (NYSE: HSBC), which rose 2.2%. HSBC shares have dropped 10.50% over the past 52 weeks, while the S&P 500 index has gained 11.46% in the same period.
Appliances: This industry rose 1.37% by 10:15 am ET. The top performer in this industry was Whirlpool (NYSE: WHR), which gained 1.4%. Analysts at Longbow Research upgraded Whirlpool from Neutral to Buy.
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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