March 23, 2015 12:07 PM | 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 0.23% to 18,169.56, while the NASDAQ composite index fell 0.10% to 5,021.37. The broader Standard & Poor's 500 index climbed 0.17% to 2,111.59.The worst performing industries in the market today are:
Drug Related Products: This industry fell 2.8% by 11:00 am ET.
Perrigo Company (NYSE: PRGO) shares dropped 3% in today's trading. Analysts at RBC Capital downgraded Perrigo from Outperform to Sector Perform and lowered the price target from $175.00 to $170.00.
General Entertainment: The industry dropped 1% by 11:00 am. The worst performer in this industry was
Viggle Inc. (NASDAQ: VGGL), which declined 7%. On Friday, Viggle received a proposal from its CEO Robert F.X. Sillerman for the acquisition of a 25% interest in the company's Wetpaint business.
Toy & Hobby Stores: This industry tumbled 0.9% by 11:00 am. The worst stock within the industry was
Build-A-Bear Workshop Inc. (NYSE: BBW), which fell 0.8%. Build-A-Bear's trailing-twelve-month profit margin is 3.66%.
Regional - Pacific Banks: This industry declined 0.8% by 11:00 am with
PacWest Bancorp (NASDAQ: PACW) moving down 1.2%. PacWest Bancorp shares have gained 8.44% over the past 52 weeks, while the S&P 500 index has gained 13.49% in the same period.
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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