November 4, 2010 4:01 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.
On CNBC's Mad Money, Jim Cramer said during the Lightning Round that let the shares of Radware (NASDAQ: RDWR) come down, “then pull the trigger."He advises the investors to hold DuPont (NYSE: DD), adding that “Don't give up on Potash (NYSE: POT), either."For Omnicom Group (NYSE: OMC), Jim said, "Advertising is coming back and you can play with Omnicom, but I prefer Google (NASDAQ: GOOG)."He advises the investors to pull the trigger for MEMC Electronics (NYSE: WFR). He added, “It's time for positivity. I think it goes higher."For First Horizon National (NYSE: FHN), he mentioned, "That was not a good quarter. I think I was wrong on this one."Cramer mentioned that the stock of Weatherford International (NYSE: WFT) has started to move up, adding “It's the cheapest in the group."For Nokia (NYSE: NOK), he said, "I say you buy RF Micro Devices (NASDAQ: RFMD). If Nokia does well, RF Micro does well, and if not, you can still make money."Read more on Jim's Views On Benzinga
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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