Smith & Wesson Attempting To Extend Seven Day Win Streak

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.

Smith & Wesson Holding Corp (NASDAQ: SWHC) shares are trading higher by $0.15 at $23.60 in Monday's session. It is attempting to trade higher for the eighth day in a row. The streak began on December 3, ahead of its Q3 beat of a nickel that was announced after hours on December 8.Since the winning streak began it has rallied from its December 2 close ($18.33) to its current level. Interestingly, the day following he report the issue only rallied $0.25 to $21.64, but has added $2 since.Earlier in the session, it made a new all time high at $23.95 and will need to close above $23.45 to post a new all time closing high.

27% profit every 20 days?

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