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 rose 0.81 percent, the S&P 500 Index increased 0.73 percent, the NASDAQ Composite jumped 0.64 percent, and the US Dollar Index went up 0.67 percent in Wednesday’s midday session.
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The following were the top ten volume stocks of the day:
Bank of America Corp (NYSE: BAC) came in first again with volumes of ~80.21 million, below its three month average of ~93.91 million.
Sunedison Inc (NYSE: SUNE) came in second in Wednesday’s session with volumes of ~48.65 million, above its average of ~35.05 million.
Apple Inc (NASDAQ: AAPL) had volumes of ~50.62 million versus its ~65.61 million average.
General Electric Company (NYSE: GE) made it to the list with volumes of ~44.43 million, above its average of ~31.03 million.
Cameron International Corporation (NYSE: CAM) made it to fifth place with volumes of ~39.97 million, way above its average of ~2.91 million.
Schlumberger Limited (NYSE: SLB) had volumes of ~37.15 million, above its average of ~7.65 million.
Cisco Systems Inc (NASDAQ: CSCO) had volumes of ~31.55 million, above its average of ~28.91 million.
Microsoft Corporation (NASDAQ: MSFT) had volumes of ~29.84 million, below its average of ~35.55 million.
Freeport-McMoRan Inc (NYSE: FCX) had volumes of ~28.70 million, below its average of ~34.33 million.
Sirius XM Holdings Inc (NASDAQ: SIRI) made it to the top ten with volumes of ~27.47 million, below its average of ~31.29 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.