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 was up 0.26 percent, the S&P 500 increased 0.26 percent, the NASDAQ Composite rose 0.16 percent, and the US Dollar Index 0.06 percent in Friday’s midday session.
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The following were the top ten volume stocks for the session:
Bank of America Corp (NYSE: BAC) was in first again with volumes of ~36.26 million versus its average of ~83.35 million.
Apple Inc (NASDAQ: AAPL) had volumes of ~31.78 million versus its average of ~57.18 million.
Applied Materials Inc (NASDAQ: AMAT) made it third to the list with volumes of ~31.51 million versus its average of ~16.08 million.
Sprint Corp (NYSE: S) had volumes of ~31.51 million versus its average of ~33.13 million.
Micron Technology Inc (NASDAQ: MU) had volumes of ~27.63 million versus its average of ~35.12 million.
J C Penney Company Inc (NYSE: JCP) had volumes of ~27.30 million versus its average of ~9.69 million.
Itau Unibanco Holding SA (NYSE: ITUB) was on the list again with volumes of ~23.09 million versus its average of ~14.21 million.
SYSCO Corporation (NYSE: SYY) made it to the list with volumes of ~23.81 million, way above its average of ~5.36 million.
Sunedison Inc (NYSE: SUNE) had volumes of ~21.66 million versus its average of ~25.13 million.
Petroleo Brasileiro Petrobras SA (NYSE: PBR) had volumes of ~16.83 million versus its average of ~31.36 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.