April 30, 2015 11:31 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.
Pangaea Logistics Solutions Ltd (NASDAQ: PANL) shares fell 4.58 percent to reach a new 52-week low of $2.29. Pangaea Logistics Solutions shares have dropped 75.95 percent over the past 52 weeks, while the S&P 500 index has gained 11.85 percent in the same period.
Yelp Inc (NYSE: YELP) shares tumbled 21.72 percent to touch a new 52-week low of $40.14 after the company reported downbeat revenue for the first quarter and issued a weak sales forecast for the second quarter. Analysts at Bank of America downgraded Yelp from Buy to Neutral and lowered the price target from $65.00 to $55.00.
Eastgroup Properties Inc (NYSE: EGP) shares touched a new 52-week low of $57.58. Eastgroup Properties PEG ratio is 2.93.
Nokia Corporation (ADR) (NYSE: NOK) shares fell 10.01 percent to reach a new 52-week low of $6.74 after the company reported Q1 results.
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.