March 5, 2015 10:09 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.
(NYSE: MEI) shares reached a new 52-week high of $43.297 after the company reported better-than-expected earnings for the fiscal third quarter.
Installed Building Products, Inc. (NYSE: IBP) shares gained 5.85% to touch a new 52-week high of $19.83. RBC Capital upgraded Installed Building Products from Sector Perform to Outperform and raised the price target from $19.00 to $22.00.
American Eagle Outfitters, Inc. (NYSE: AEO) shares reached a new 52-week high of $16.39. B Riley upgraded American Eagle from Neutral to Buy and raised the price target from $15.00 to $20.00.
Pharmacyclics Inc. (NASDAQ: PCYC) shares touched a new 52-week high of $255.13 after
AbbVie (NYSE: ABBV) announced its plans to acquire Pharmacyclics for $261.25 per share in cash and stock.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.