October 31, 2014 10:50 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.
STAAR Surgical Company (NASDAQ: STAA) shares touched a new 52-week low of $9.50 on Q3 results. Canaccord Genuity downgraded STAAR Surgical from Buy to Hold and lowered the price target from $16.00 to $12.00.Trimble Navigation (NASDAQ: TRMB) shares reached a new 52-week low of $26.27 after the company reported downbeat Q3 results and issued a weak Q4 forecast. Moneygram International (NASDAQ: MGI) shares tumbled 31.80% to reach a new 52-week low of $8.62 after the company reported weaker-than-expected Q3 results and withdrew its guidance.Audience (NASDAQ: ADNC) shares fell 34.69% to touch a new 52-week low of $3.84 after the company reported downbeat Q3 revenue and issued a weak Q4 outlook. Pacific Crest downgraded Audience from Outperform to Sector Perform.
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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