November 18, 2014 10:27 AM | 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.
CNOOC (NYSE: CEO) shares touched a new 52-week low of $147.13. CNOOC shares have dropped 26.92% over the past 52 weeks, while the S&P 500 index has gained 14.18% in the same period.Sasol (NYSE: SSL) shares reached a new 52-week low of $46.13. Sasol's PEG ratio is 4.95.Urban Outfitters (NASDAQ: URBN) shares tumbled 8.17% to touch a new 52-week low of $28.31 after the company reported weaker-than-expected third quarter earnings. However, the company posted revenue of $814.74 million, slightly above estimates. Its comparable Retail segment net sales slipped 1%.Gravity Co (NASDAQ: GRVY) shares touched a new 52-week low of $0.57 on Q3 results. Gravity posted a quarterly loss before income tax expenses and others of KRW 2,676 million (US$ 2,494 thousand), compared to a year-ago loss before income tax expenses and others of KRW 1,427 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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