May 20, 2015 12:49 PM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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 gained 0.09 percent to 18,328.68, while the NASDAQ composite index rose 0.03 percent to 5,071.67. The broader Standard & Poor's 500 index gained 0.05 percent to 2,128.78.The worst performing industries in the market today are:
Regional Airlines: This industry declined 5.1 percent by 11:00 am with
Southwest Airlines Co (NYSE: LUV) moving down 6.6 percent. Buckingham Research downgraded Southwest Airlines from Buy to Neutral and lowered the price target from $60.00 to $45.00.
Internet Service Providers: The industry dropped 3.4 percent by 11:00 am. The worst performer in this industry was
Sify Technologies Limited (ADR) (NASDAQ: SIFY), which declined 0.5 percent. Sify shares have dropped 37.90 percent over the past 52 weeks, while the S&P 500 index has gained 12.70 percent in the same period.
Electronics Stores: This industry tumbled 1.9 percent by 11:00 am. The worst stock within the industry was
Appliance Recycling Centers of America (NASDAQ: ARCI), which fell 7.1 percent. Appliance Recycling Centers of America's trailing-twelve-month profit margin is 0.59 percent
Major Airlines: This industry fell 1.1 percent by 11:00 am ET.
American Airlines Group Inc (NASDAQ: AAL) shares dropped 6.3 percent in today's trading. American Airlines Group's trailing-twelve-month EPS is $4.58.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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