December 8, 2014 10:32 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.
At 10:30 am, the Dow dropped 0.07% to 17,946.22, the broader Standard & Poor's 500 index moved down 0.06% to 2,074.16 and the NASDAQ composite index rose 0.09% to 4,785.03.The industries that are supporting the market today are:
Building Materials Wholesale: The industry gained 9.38% by 10:30 am. The top performer in this industry was Louisiana-Pacific (NYSE: LPX), which gained 10%. Louisiana-Pacific shares have dropped 3.85% over the past 52 weeks, while the S&P 500 index has gained 14.76% in the same period.
Regional - Pacific Banks: This industry jumped 2.25% by 10:30 am. The top performer in this industry was Virgin America (NASDAQ: VA), which rose 4.3%. Virgin America's trailing-twelve-month revenue is $1.48 billion.
Building Materials Wholesale: This industry rose 2.21% by 10:30 am ET. The top performer in this industry was Seaboard (NYSE: SEB), which gained 7.5%. Seaboard's trailing-twelve-month ROE is 12.89%.
Regional - Southeast Banks: This industry moved up 1.94% by 10:30 am. The top performer in this industry was Equity LifeStyle Properties (NYSE: ELS), which gained 1.1%. Equity LifeStyle Properties' trailing-twelve-month EPS is $1.36.
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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