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 Jones Industrial Index declined nearly half of a percentage, S&P 500 Index dwindled 0.12 percent, and NASDAQ hit all-time highs, increasing over half of a percentage to 5195.67 on Friday.
The following were Friday’s top 10 volume movers:
Bank of America Corp (NYSE: BAC) had volumes of ~63.09 million versus averaged of ~80.29 million.
Facebook Inc (NASDAQ: FB) had volumes of ~41.52 million versus averages of ~24.98 million.
WPX Energy Inc (NYSE: WPX) had volumes of ~41.36 million versus averages of ~5.14 million.
Intel Corporation (NYSE: INTC) had volumes of ~31.98 million versus averages of ~34.35 million.
Apple Inc. (NASDAQ: AAPL) had volumes of ~30.72 million versus averages of ~41.94 million.
Hertz Global Holdings Inc (NYSE: HTZ) had volumes of ~28.46 million versus averages of ~7.17 million.
Petroleo Brasileiro Petrobras SA (NYSE: PBR) had volumes of ~26.894 million versus averaged of ~25 million.
General Electric Company (NYSE: GE) had volumes of ~25.88 million versus averages of ~30.76 million.
Frontier Communications Corp (NASDAQ: FTR) had volumes of ~22.664 versus averages of ~34.10 million.
Netflix, Inc. (NASDAQ: NFLX) had volumes of ~20.274 million versus averages of ~23.45 million.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!