February 12, 2015 8:22 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.
Jim Cramer said on
CNBC's Mad Money that in a food chain of horrible companies in the crude oil sector
Seadrill Ltd (NYSE: SDRL) is at the low. Cramer would rather be in
Schlumberger Limited. (NYSE: SLB) because it is a great company with crude oil at $40 or at $140.
Seadrill Ltd is a roll of the dice, added Cramer.Cramer believes that
Petroleo Brasileiro Petrobras SA (ADR) (NYSE: PBR) is one of the most over levered and under managed companies he has ever seen in his career. He would sell to save $6.
Dow Chemical Co (NYSE: DOW) is doing a great job, thinks Cramer. The company is improving gross margins. It had a problem with activists, but when that finishes
Dow Chemical Co is going to be a low cost producer of high quality proprietary products.
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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