June 9, 2015 11:56 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.
em>Joel Elconin is the co-host of
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.
, a daily trading idea radio show.Lululemon Athletica (NASDAQ: LULU) shares are trading sharply higher by $3.78 at $65.30 in Tuesday's session. The catalyst for the rally is a Q1 beat for EPS ($0.34 vs. Est, $0.33) and for revenue $423.55M vs. $418.94M). In addition, the company lifted forecasts for the year for both EPS and revenue for FY2015.After a higher open, ($65.71 vs. Monday's close $61.52) it retreated to $64.81 and then resumed the rally,So far, it has reached $66.77 before pulling back to the back the $66 level. That marks the highest level for the issue since it peaked at $67.66 on April 27.Today's rally is taking place on much heavier than average volume. With four hours remaining in the session, it has traded 7.8M shares compared with its 20 day average of 2.52M.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.