October 7, 2010 11:51 AM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Crocs Inc (NASDAQ: CROX) shares jumped 7.61% to create a new 52-week high of $14.57. Analysts at Sterne Agee initiated coverage of CROX with a “buy” rating.Elizabeth Arden Inc (NASDAQ: RDEN) shares gained 2.37% to touch a new 52-week high of $20.32. RDEN's earnings are likely to surge by 407.93% this year.Famous Dave's of America Inc (NASDAQ: DAVE) shares jumped 2.84% to create a new 52-week high of $10.42. DAVE's PEG ratio is 0.83.The Intergroup Corporation (NASDAQ: INTG) shares gained 2.87% to create a new 52-week high of $18.62. INTG's shares have jumped 86.60% over the past 52 weeks, while the S&P 500 index has just gained 9.68% in the same period.Read more
from Benzinga's Markets.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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