September 24, 2015 2:26 PM | 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 0.74 percent to 16,159.73, while the NASDAQ composite index declined 0.81 percent to 4,714.17. The broader Standard & Poor's 500 index fell 0.59 percent to 1,927.38.The worst performing industries in the market today are:
Farm & Construction Machinery: This industry declined 3.9 percent by 2:00 pm with
Caterpillar Inc. (NYSE: CAT) moving down 6.3 percent. Cat lowered its FY15 sales outlook from $49 billion to $48 billion and announced its plans to permanently reduce workforce by 4,000 to 5,000 employees.
Auto Parts Wholesale: The industry dropped 3.6 percent by 2:00 pm. The worst performer in this industry was
Magna International Inc. (USA)
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(NYSE: MGA), which declined 5.6 percent. Magna International shares have tumbled 11.18 percent over the past 52 weeks, while the S&P 500 index has slipped 2.98 percent in the same period.
Cement: This industry tumbled 3.4 percent by 2:00 pm. The worst stock within the industry was
Cemex SAB de CV (ADR) (NYSE: CX), which fell 3.9 percent. Cemex's trailing-twelve-month ROE is -2.14 percent.
Toys & Games: This industry fell 2.5 percent by 2:00 pm ET.
Mattel, Inc. (NASDAQ: MAT) shares dropped 2.6 percent in today's trading. Mattel is expected to release its Q3 financial results on October 15, 2015.
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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