October 29, 2014 12:30 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 gained 0.04% to 17,012.58, while the NASDAQ composite index declined 0.44% to 4,544.13. The broader Standard & Poor's 500 index fell 0.01% to 1,984.95.The worst performing industries in the market today are:
Internet Service Providers:The industry dropped 3.06% by 11:50 am. The worst performer in this industry was Ubiquity (OTC: UBIQ), which declined 4.6%. Ubiquity shares have dropped 72.03% over the past 52 weeks, while the S&P 500 index has surged 12.58% in the same period.
Photographic Equipment & Supplies:This industry fell 2.31% by 11:50 am ET. GoPro (NASDAQ: GPRO) shares dropped 2.5% in today's trading. GoPro is expected to report its Q3 earnings on October 30, 2014.
Computer Peripherals:This industry tumbled 2.15% by 11:50 am. The worst stock within the industry was 3D Systems (NYSE: DDD), which fell 5.4%. 3D Systems' PEG ratio is 2.26.
Manufactured Housing:This industry declined 1.96% by 11:50 am, with Tile Shop Holdings (NASDAQ: TTS) moving down 2.5%. On Tuesday, Tile Shop reported Q3 earnings of $0.03 per share on revenue of $62.80 million.
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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