July 13, 2015 11:09 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 rose 1.10 percent to 17,955.43, while the NASDAQ composite index surged 1.21 percent to 5,058.33. The broader Standard & Poor's 500 index gained 0.91 percent to 2,095.61.The worst performing industries in the market today are:
Photographic Equipment & Supplies: This industry declined 1.3 percent by 11:00 am with
GoPro Inc (NASDAQ: GPRO) moving down 1.8 percent. GoPro is expected to report its Q2 financial results on July 21, 2015.
Copper: The industry dropped 1.2 percent by 11:00 am. The worst performer in this industry was
Freeport-McMoRan Inc (NYSE: FCX), which declined 1.7 percent. Freeport-McMoRan's PEG ratio is 2.31.
Silver: This industry tumbled 0.4 percent by 11:00 am. The worst stock within the industry was
Great Panther Silver Ltd (NYSE: GPL), which fell 3.2 percent. Great Panther Silver shares have dropped 70.29 percent over the past 52 weeks, while the S&P 500 index has surged 5.03 percent in the same period.
Independent Oil & Gas: This industry fell 0.2 percent by 11:00 am ET.
Linn Energy LLC (NASDAQ: LINE) shares dropped 6.5 percent in today's trading. Linn Energy's trailing-twelve-month ROE is -14.52 percent.
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.