January 24, 2015 10:35 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.
, Carter Worth spoke about correlation between crude oil and
Caterpillar Inc. (NYSE: CAT). He showed on a chart that they were correlated in the past, but recently the move lower in crude oil was sharper than the move in
Caterpillar Inc.. Worth believes that
Caterpillar Inc. can't withstand the pressure from crude oil and it is going to decline to $75 or to $67, which was the low of 2011.Mike Khouw can't see how
Caterpillar Inc. can impress investors on January 27, when it reports earnings. He added that options are not very expensive going into the event and he wants to buy short dated options to make a bearish bet. Khouw wants to buy the February 86 puts for $2.10. The break even for this trade is at $83.90 or 2 percent lower from the current market price.
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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