October 28, 2014 10:39 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 10:30 am, the Dow gained 0.30% to 16,867.48, the broader Standard & Poor's 500 index moved up 0.50% to 1,971.41 and the NASDAQ composite index rose 0.99% to 4,530.47.The industries that are driving the market today are:
Photographic Equipment & Supplies: The industry gained 5.44% by 10:30 am. The top performer in this industry was GoPro (NASDAQ: GPRO), which gained 5.6%. Wedbush initiated coverage on GoPro with an Outperform rating and $81 price target.
Appliances: This industry moved up 4.07% by 10:30 am. The top performer in this industry was Whirlpool (NYSE: WHR), which gained 4.5%. Whirlpool reported weaker-than-expected earnings for the third quarter.
Internet Service Providers: This industry jumped 3.96% by 10:30 am. The top performer in this industry was Qihoo 360 Technology Co (NYSE: QIHU), which rose 5.9%. Qihoo 360's PEG ratio is 0.64.
Office Supplies: This industry rose 2.40% by 10:30 am ET. The top performer in this industry was Ennis (NYSE: EBF), which gained 3.2%. Ennis shares have dropped 24.00% over the past 52 weeks, while the S&P 500 index has surged 10.70% in the same period.
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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