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!
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 stock opened near the 80 level and met sharp resistance, falling quickly to the 78 level during the first 20 minutes of trading. After finding support at 78, the shares traded sideways for the next hour, before finally falling through the 78 support level at 10:45 ET. Since then, the shares have been range bound between the 77 and 78 levels, with the lows on the day being at 76.50. Intraday VWAP is at 78.62, which could provide further upside resistance. Shares of GoPro are currently 1.92 percent at 77.53.