November 24, 2015 11:13 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 fell 0.37 percent to 17,727.34, the broader Standard & Poor's 500 index moved down 0.48 percent to 2,076.54 and the NASDAQ composite index declined 0.72 percent to 5,066.00. The industries that are still afloat in the market today are:
Oil & Gas Pipelines: This industry jumped 1.7 percent by 10:30 am. The top performer in this industry was
American Midstream Partners LP(NYSE: AMID), which rose 7 percent. American Midstream Partners shares have declined 67.73 percent over the past 52 weeks, while the S&P 500 index has gained 0.95 percent in the same period.
Photographic Equipment & Supplies: This industry rose 1.4 percent by 10:30 am ET. The top performer in this industry was
GoPro Inc (NASDAQ: GPRO), which gained 1.4 percent. GoPro's PEG ratio is 0.66.
Silver: The industry gained 1.2 percent by 10:30 am. The top performer in this industry was
First Majestic Silver Corp (NYSE: AG), which gained 6.6 percent. Silver futures gained 0.78 percent to trade at $14.17 an ounce.
Major Integrated Oil & Gas: This industry moved up 0.7 percent by 10:30 am. The top performer in this industry was
Aegean Marine Petroleum Network Inc. (NYSE: ANW), which rose 5.9 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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