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.
CNBC Mad Money's Jim Cramer said on the show that he is a buyer of Fiat Chrysler Automobiles NV (NYSE: FCAU) because it is well-run. The stock spiked 11.63 percent on the news that it will spin off its luxury sports car unit, Ferrari.
Cramer thinks that Mattel, Inc. (NASDAQ: MAT) had a terrible quarter and the conference call was painful. He suggested to his viewers to stay away from the stock and to buy Hasbro, Inc. (NASDAQ: HAS) instead.
In the airways sector, Cramer would rather own Spirit Airlines Incorporated (NASDAQ: SAVE) and American Airlines Group Inc (NASDAQ: AAL) rather than JetBlue Airways Corporation
(NASDAQ: JBLU).
He added that he likes the sector.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!