April 1, 2015 3:18 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.
On CNBC's
Fast Money Halftime Report, Josh Brown said that the casino stocks have been disappointing so far. He single out
Wynn Resorts, Limited (NASDAQ: WYNN) and
Las Vegas Sands Corp. (NYSE: LVS) as the stocks that have disappointed him the most. He wants to short every bounce because the trend and fundamentals are not in their favor. Brown added that stocks in the space have huge spikes as people get excited, but each move higher has failed and it led to a lower low.Stephen Weiss shared his thoughts on
Caterpillar Inc. (NYSE: CAT). He explained that the stock has been a proxy for China so far. Weiss said that he would stay away from the stock because it is trading far from its highs and the business is not in a good shape.
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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