October 21, 2014 10:52 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 10:50 am, the Dow gained 0.60% to 16,498.44, the broader Standard & Poor's 500 index moved up 1.23% to 1,927.49 and the NASDAQ composite index rose 1.60% to 4,385.26.The industries that are driving the market today are:
Photographic Equipment & Supplies: The industry gained 4.64% by 10:50 am. The top performer in this industry was GoPro (NASDAQ: GPRO), which gained 4.7%. GoPro's PEG ratio is 2.60.
Regional Airlines: This industry moved up 3.86% by 10:50 am. The top performer in this industry was SkyWest (NASDAQ: SKYW), which gained 5.7%. SkyWest is expected to host a conference call on October 29, 2014, to discuss Q3 earnings results.
Auto Parts Wholesale: This industry jumped 3.46% by 10:50 am. The top performer in this industry was Magna International (NYSE: MGA), which rose 3.9%. Magna's trailing-twelve-month revenue is $35.94 billion.
Wholesale, Other: This industry rose 3.39% by 10:50 am ET. The top performer in this industry was United Stationers (NASDAQ: USTR), which gained 3.4%. United Stationers is projected to report Q3 results on October 22, 2014.
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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