February 4, 2016 11:37 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 0.83 percent to 16,472.50, while the NASDAQ composite index gained 0.77 percent to 4,539.10. The broader Standard & Poor's 500 index climbed 0.68 percent to 1,925.57.The worst performing industries in the market today are:
Photographic Equipment & Supplies: This industry declined 10.7 percent by 11:00 am with
GoPro Inc (NASDAQ: GPRO) moving down 11.4 percent. GoPro reported weaker-than-expected results for the fourth quarter and issued a downbeat revenue forecast for the current quarter. The company also named Brian McGee as its new chief financial officer.
Diversified Investments: This industry fell 2.3 percent by 11:00 am ET.
Intercontinental Exchange Inc (NYSE: ICE) shares dropped 4.6 percent in today's trading. Intercontinental Exchange reported upbeat Q4 earnings and raised its quarterly dividend to $0.85 per share.
Specialty Eateries: The industry dropped 1.7 percent by 11:00 am. The worst performer in this industry was
Starbucks Corporation (NASDAQ: SBUX), which declined 1.8 percent. Starbucks shares have surged 32.82 percent over the past 52 weeks, while the S&P 500 index has slipped 7.27 percent in the same period.
Drug Manufacturers - Other: This industry slipped 1.6 percent by 11:00 am. The worst stock within the industry was
Novo Nordisk A/S (ADR) (NYSE: NVO), which fell 3.3 percent.
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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