May 22, 2015 11:06 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.
The Dow dropped 0.15 percent to 18,258.04, while the NASDAQ composite index rose 0.21 percent to 5,101.47. The broader Standard & Poor's 500 index slipped 0.03 percent to 2,130.25.The worst performing industries in the market today are:
Foreign Utilities: This industry declined 1.5 percent by 11:00 am with
CPFL Energia S.A. (ADR) (NYSE: CPL) moving down 2.5 percent. CPFL Energia's PEG ratio is 3.78.
General Entertainment: The industry dropped 1.3 percent by 11:00 am. The worst performer in this industry was
Viggle Inc (NASDAQ: VGGL), which declined 18.4 percent. Viggle priced an offering of 3.626 million shares at $2.50 per share.
Industrial Equipment & Components: This industry tumbled 0.9 percent by 11:00 am. The worst stock within the industry was
Pentair plc. Ordinary Share (NYSE: PNR), which fell 1.9 percent. On Thursday, Pentair announced a regular quarterly cash dividend of $0.32 per share.
Publishing - Books: This industry fell 0.9 percent by 11:00 am ET.
Pearson PLC (ADR) (NYSE: PSO) shares dropped 1.1 percent in today's trading. Pearson shares have gained 10.06 percent over the past 52 weeks, while the S&P 500 index has surged 12.12 percent 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.