August 28, 2015 11:42 AM | 1 min read |
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 fell 0.23 percent to 16,616.88, while the NASDAQ composite index climbed 0.14 percent to 4,819.36. The broader Standard & Poor's 500 index slipped 0.01 percent to 1,987.56.The worst performing industries in the market today are:
Foreign Utilities: This industry declined 1.5 percent by 11:00 am with
CPFL Energia S.A. (ADR) (NYSE: CPL) moving down 3.3 percent. CPFL Energia's PEG ratio is 2.99.
Electronics Stores: The industry dropped 1.3 percent by 11:00 am. The worst performer in this industry was
GameStop Corp. (NYSE: GME), which declined 6.3 percent. GameStop reported better-than-expected earnings for the second quarter and lifted its forecast for the full year. Analysts at Benchmark downgraded Gamestop from Hold to Sell.
Telecom Services - Foreign: This industry tumbled 1.2 percent by 11:00 am. The worst stock within the industry was
China Telecom Corporation Limited (ADR) (NYSE: CHA), which fell 3.3 percent. China Telecom shares have dropped 10.27 percent over the past 52 weeks, while the S&P 500 index has declined 0.78 percent in the same period.
Foreign Money Center Banks: This industry fell 0.8 percent by 11:00 am ET.
Westpac Banking Corp (ADR) (NYSE: WBK) shares dropped 1.5 percent in today's trading.
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.
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