June 12, 2015 2:43 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.
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.Restoration Hardware (NYSE: RH) shares are trading higher by $1.89 at $96.72 in Friday's session. The catalyst for the rally is Q1 beat for EPS ($0.23 vs Est. $0.20) and for revenues ($422.44M vs. Est. $418.97). Despite lowering Q2 guidance, the company has guided higher for the fiscal year ending September 16.The reaction to the beat rallied the issue to $100 in the after-hours session,but stopped shy of that reaching $98.99. shortly after the open. The current high coincides with its April 1 high ($98.98) After making the high, it retreated to $95.30 before rebounding to its current level.The all time high in the issue was made on March 30 at $102. The all time closing high was made the following day at $99.17.
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