January 6, 2016 11:49 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 fell 1.32 percent to 16,931.71, while the NASDAQ composite index slipped 0.95 percent to 4,845.19. The broader Standard & Poor's 500 index dropped 1.19 percent to 1,992.72.The worst performing industries in the market today are:
Synthetics: This industry declined 3.5 percent by 11:00 am with
Axiall Corp (NYSE: AXLL) moving down 9.9 percent. Axiall's PEG ratio is 4.17.
Electronics Stores: The industry dropped 3.4 percent by 11:00 am. The worst performer in this industry was
CONN'S, Inc. (NASDAQ: CONN), which declined 6.2 percent. CONN'S trailing-twelve-month profit margin is 2.86 percent.
Diversified Computer Systems: This industry slipped 3.4 percent by 11:00 am. The worst stock within the industry was
Arista Networks Inc (NYSE: ANET), which fell 4.1 percent. JP Morgan initiated coverage on Arista Networks with a Neutral rating.
Cleaning Products: This industry fell 3.1 percent by 11:00 am ET.
Ecolab Inc. (NYSE: ECL) shares dropped 4.7 percent in today's trading. Ecolab shares have gained 12.47 percent over the past 52 weeks, while the S&P 500 index has declined 0.45 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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