July 21, 2015 11:22 AM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
At 10:30 am, the Dow dropped 1.14 percent to 17,893.93, the broader Standard & Poor's 500 index moved down 0.43 percent to 2,119.11 and the NASDAQ composite index slipped 0.40 percent to 5,198.24.The industries that are still afloat in the market today are:
Metals & Mining: This industry moved up 3.1 percent by 10:30 am. The top performer in this industry was
Steel Dynamics, Inc. (NASDAQ: STLD), which gained 8.7 percent. Steel Dynamics reported Q2 adjusted earnings of $0.22 per share on revenue of $2.005 billion.
Energy Equipment & Services: The industry gained 2.2 percent by 10:30 am. The top performer in this industry was
Halliburton Company (NYSE: HAL), which gained 4 percent. On Monday, Halliburton reported better-than-expected results for its second quarter.
Personal Products: This industry rose 1.1 percent by 10:30 am ET. The top performer in this industry was
Estee Lauder Companies Inc (NYSE: EL), which gained 0.9 percent. Estee Lauder shares have surged 16.12 percent over the past 52 weeks, while the S&P 500 index has gained 7.30 percent in the same period.
Communications Equipment: This industry jumped 0.9 percent by 10:30 am. The top performer in this industry was
Silicom Ltd (NASDAQ: SILC), which rose 1.5 percent. Silicom's PEG ratio is 0.92.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
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