August 26, 2015 10:34 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 climbed 1.65 percent to 15,924.73, the broader Standard & Poor's 500 index moved up 1.58 percent to 1,897.12 and the NASDAQ composite index rose 1.64 percent to 4,580.45.The industries that are driving the market today are:
Industrial Electrical Equipment: This industry moved up 2.8 percent by 10:30 am. The top performer in this industry was Abengoa SA (ADR) (NASDAQ: ABGB), which rose 27 percent. Abengoa shares gained 10.93 percent on Tuesday.
Electronics Stores: The industry gained 2.6 percent by 10:30 am. The top performer in this industry was
Best Buy Co Inc (NYSE: BBY), which gained 2.4 percent. Raymond James upgraded Best Buy from Market Perform to Strong Buy.
Catalog & Mail Order Houses: This industry rose 2.3 percent by 10:30 am ET. The top performer in this industry was
EVINE Live Inc (NASDAQ: EVLV), which gained 6.6 percent. Evine Live reported a Q2 loss of $0.05 per share on revenue of $161.1 million.
Diversified Computer Systems: This industry jumped 2.1 percent by 10:30 am. The top performer in this industry was
Hewlett-Packard Company(NYSE: HPQ), which rose 2.1 percent. Hewlett-Packard shares have tumbled 32.68 percent over the past 52 weeks, while the S&P 500 index has declined 6.63 percent in the same period.
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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