December 12, 2014 10:26 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 10:25 am, the Dow dropped 0.64% to 17,483.96, the broader Standard & Poor's 500 index moved down 0.52% to 2,024.81 and the NASDAQ composite index slipped 0.29% to 4,694.62.The industries that are still afloat in the market today are:
Photographic Equipment & Supplies: The industry gained 2.47% by 10:25 am. The top performer in this industry was GoPro (NASDAQ: GPRO), which gained 3.2%. JP Morgan upgraded the stock from Neutral to Overweight.
Drug Stores: This industry rose 0.66% by 10:25 am ET. The top performer in this industry was Walgreen Co (NYSE: WAG), which gained 0.8%. Walgreen's PEG ratio is 1.35.
Water Utilities: This industry moved up 0.54% by 10:25 am. The top performer in this industry was Pure Cycle (NASDAQ: PCYO), which gained 0.9%. Pure Cycle shares have dropped 32.62% over the past 52 weeks, while the S&P 500 index has gained 14.65% in the same period.
Sporting Goods Stores: This industry jumped 0.53% by 10:25 am. The top performer in this industry was Hibbett Sports (NASDAQ: HIBB), which rose 1.4%. Hibbett's trailing-twelve-month ROE is 23.68%.
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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