December 22, 2014 11:27 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.
The Dow climbed 0.41% to 17,878.30, while the NASDAQ composite index rose 0.05% to 4,767.74. The broader Standard & Poor's 500 index dropped 0.01% to 2,070.44.The worst performing industries in the market today are:
Biotechnology:The industry dropped 3.26% by 11:20 am. The worst performer in this industry was Corium International, Inc. (NASDAQ: CORI), which declined 19%. Corium's trailing-twelve-month profit margin is -23.36%. Silver:This industry fell 1.91% by 11:20 am ET. MAG Silver Corp. (NYSE: MVG) shares dropped 9% in today's trading. Silver futures fell 1% to trade at $15.87 an ounce. Sporting Goods Stores:This industry tumbled 1.76% by 11:20 am. The worst stock within the industry was Dick's Sporting Goods Inc. (NYSE: DKS), which fell 2.7%. Dick's shares have dropped 12.46% over the past 52 weeks, while the S&P 500 index has surged 13.27% in the same period. Cement:This industry declined 0.93% by 11:20 am with Eagle Materials Inc. (NYSE: EXP) moving down 3.8%. Eagle Materials' PEG ratio is 2.70.
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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