October 12, 2015 11:07 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 rose 0.02 percent to 17,088.17, while the NASDAQ composite index declined 0.15 percent to 4,823.08. The broader Standard & Poor's 500 index fell 0.15 percent to 2,011.83.The worst performing industries in the market today are:
Photographic Equipment & Supplies: This industry declined 3.3 percent by 11:00 am with
GoPro Inc (NASDAQ: GPRO) moving down 3.6 percent. GoPro's trailing-twelve-month profit margin is 11.12 percent.
Computer Peripherals: The industry dropped 2.6 percent by 11:00 am. The worst performer in this industry was
Key Tronic Corporation (NASDAQ: KTCC), which declined 18 percent. Keytronic expected Q1 earnings of $0.06 to $0.08 per share and sales of $126 million.
Nonmetallic Mineral Mining: This industry tumbled 2.5 percent by 11:00 am. The worst stock within the industry was
SunCoke Energy Inc (NYSE: SXC), which fell 26 percent. Suncoke Energy reported a Q3 loss of $0.36 per share on revenue of $336.9 million.
Synthetics: This industry fell 2.2 percent by 11:00 am ET.
Axiall Corp (NYSE: AXLL) shares dropped 4.6 percent in today's trading. Axiall shares have dropped 43.52 percent over the past 52 weeks, while the S&P 500 index has gained 5.71 percent in the same period.
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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