November 18, 2014 11:18 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.
The Dow gained 0.13% to 17,670.48, while the NASDAQ composite index climbed 0.52% to 4,695.26. The broader Standard & Poor's 500 index rose 0.32% to 2,047.87.The worst performing industries in the market today are:
Electronics Stores:The industry dropped 1.33% by 11:00 am. The worst performer in this industry was Best Buy Co (NYSE: BBY), which declined 1.3%. Best Buy's trailing-twelve-month profit margin is 2.29%.
Nonmetallic Mineral Mining:This industry fell 0.96% by 11:00 am ET. Yanzhou Coal Mining Co (NYSE: YZC) shares dropped 3.1% in today's trading. Yanzhou Coal Mining shares have dropped 15.35% over the past 52 weeks, while the S&P 500 index has gained 14.18% in the same period.
Cement:This industry tumbled 0.79% by 11:00 am. The worst stock within the industry was James Hardie Industries plc (NYSE: JHX), which fell 1.8%. James Hardie is expected to report its Q2 earnings after the closing bell.
Semiconductor - Broad Line:This industry declined 0.73% by 11:00 am with AU Optronics (NYSE: AUO) moving down 1.3%. AU Optronics' trailing-twelve-month EPS is $0.40.
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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