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.
On Tuesday, Nucor Corporation (NYSE: NUE) announced fourth-quarter earnings guidance. The company sees Q4 EPS of $0.50-0.55 vs. the estimated $0.65. Shares were down 1.35 percent.
Following the announcement steel stocks are mixed Tuesday morning:
United States Steel Corporation (NYSE: X) +2.9 percent
Steel Dynamics, Inc. (NASDAQ: STLD) -1.4 percent
Timkensteel Corp (NYSE: TMST) -0.61 percent
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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