October 13, 2015 11:38 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.
The Dow rose 0.04 percent to 17,138.31, while the NASDAQ composite index gained 0.11 percent to 4,844.10. The broader Standard & Poor's 500 index fell 0.01 percent to 2,017.26.The worst performing industries in the market today are:
Foreign Regional Banks: This industry declined 2.6 percent by 11:00 am with
Banco Bradesco S.A. (NASDAQ: BBDO) moving down 13.9 percent. Banco Bradesco shares have declined 53.19 percent over the past 52 weeks, while the S&P 500 index has gained 7.44 percent in the same period.
Foreign Money Center Banks: The industry dropped 1.8 percent by 11:00 am. The worst performer in this industry was
Barclays PLC (ADR) (NYSE: BCS), which declined 3 percent. Barclays' trailing-twelve-month ROE is 2.06 percent.
Regional Airlines: This industry tumbled 1.8 percent by 11:00 am. The worst stock within the industry was
SkyWest, Inc. (NASDAQ: SKYW), which fell 8.6 percent. SkyWest is expected to report Q3 earnings on October 27, 2015.
Publishing - Books: This industry fell 1.2 percent by 11:00 am ET.
Pearson PLC (ADR) (NYSE: PSO) shares dropped 2 percent in today's trading. Pearson's PEG ratio is 3.90.
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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