October 27, 2014 11:51 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.
The Dow dropped 0.04% to 16,799.28, while the NASDAQ composite index fell 0.18% to 4,475.71. The broader Standard & Poor's 500 index declined 0.21% to 1,960.56.The worst performing industries in the market today are:
Photographic Equipment & Supplies:The industry dropped 6.18% by 11:05 am. The worst performer in this industry was GoPro (NASDAQ: GPRO), which declined 6.4%. GoPro shares also fell 9.15% on Friday.
Foreign Utilities:This industry fell 3.96% by 11:05 am ET. CPFL Energia S.A. (NYSE: CPL) shares dropped 9% in today's trading. CPFL Energia's PEG ratio is 2.30.
Internet Service Providers:This industry tumbled 2.19% by 11:05 am. The worst stock within the industry was TrueCar (NASDAQ: TRUE), which fell 4.3%. TrueCar's trailing-twelve-month profit margin is -21.61%.
Silver:This industry declined 1.90% by 11:05 am, with Fortuna Silver Mines (NYSE: FSM) moving down 4.2%. Silver futures fell 0.16% to trade at $17.16 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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