November 19, 2014 10:39 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.
At 10:30 am, the Dow dropped 0.29% to 17,636.20, the broader Standard & Poor's 500 index moved down 0.47% to 2,042.23 and the NASDAQ composite index fell 0.73% to 4,668.24.The industries that are still afloat in the market today are:
Cement: The industry gained 1.99% by 10:30 am. The top performer in this industry was James Hardie Industries plc (NYSE: JHX), which gained 3.9%. James Hardie posted a rise in its Q2 net operating profit.
Foreign Utilities: This industry moved up 1.56% by 10:30 am. The top performer in this industry was CPFL Energia S.A. (NYSE: CPL), which gained 3.4%. CPFL Energia shares have dropped 15.66% over the past 52 weeks, while the S&P 500 index has gained 15.18% in the same period.
Air Services, Other: This industry jumped 0.74% by 10:30 am. The top performer in this industry was Grupo Aeroportuario del Pacifico S.A.B. de CV (NYSE: PAC), which rose 1.2%. Grupo Aeroportuario del Pacifico's trailing-twelve-month profit margin is 47.97%.
Beverages - Soft Drinks: This industry rose 0.72% by 10:30 am ET. The top performer in this industry was The Coca-Cola Company (NYSE: KO), which gained 1.1%. Great Lakes Coca-Cola Distribution signed a deal with Coca-Cola.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.