January 13, 2016 10:49 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 rose 0.02 percent to 16,519.17, while the NASDAQ composite index declined 0.25 percent to 4,674.27. The broader Standard & Poor's 500 index gained 0.08 percent to 1,940.16.The worst performing industries in the market today are:
Regional - Southwest Banks: This industry declined 2.2 percent by 10:45 am with
Cullen/Frost Bankers, Inc. (NYSE: CFR) moving down 4.4 percent. Barclays downgraded Cullen/Frost Bankers from Equal-weight to Underweight.
Specialty Retail, Other: The industry dropped 1.6 percent by 10:45 am. The worst performer in this industry was
hhgregg, Inc. (NYSE: HGG), which declined 10 percent. hhgregg's PEG ratio is -0.18.
Catalog & Mail Order Houses: This industry slipped 1.5 percent by 10:45 am. The worst stock within the industry was
Amazon.com, Inc. (NASDAQ: AMZN), which fell 1.9 percent. Amazon.com shares have surged 110.69 percent over the past 52 weeks, while the S&P 500 index has dropped 3.61 percent in the same period.
REIT - Hotel/Motel: This industry fell 1.4 percent by 10:45 am ET.
FelCor Lodging Trust Incorporated (NYSE: FCH) shares dropped 4.5 percent in today's trading.
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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