August 28, 2015 10:36 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 0.21 percent to 16,620.31, the broader Standard & Poor's 500 index moved down 0.04 percent to 1,986.82 and the NASDAQ composite index fell 0.01 percent to 4,812.25.The industries that are still afloat in the market today are:
Silver: This industry moved up 4.7 percent by 10:30 am. The top performer in this industry was
Endeavour Silver Corp (NYSE: EXK), which rose 13 percent. Silver futures rose 1.06 percent to $14.59 an ounce.
Copper: The industry gained 2.1 percent by 10:30 am. The top performer in this industry was
Freeport-McMoRan Inc (NYSE: FCX), which gained 6.9 percent. Carl Icahn reported a 8.46 percent stake in Freeport-McMoRan on Thursday.
Semiconductor- Memory Chips: This industry rose 1.5 percent by 10:30 am ET. The top performer in this industry was
Netlist, Inc. (NASDAQ: NLST), which gained 8 percent. Netlist shares have dropped 67.83 percent over the past 52 weeks, while the S&P 500 index has declined 0.78 percent in the same period.
Nonmetallic Mineral Mining: This industry jumped 1.4 percent by 10:30 am. The top performer in this industry was
Hallador Energy Co(NASDAQ: HNRG), which rose 5 percent.
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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