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.
Jim Cramer said on CNBC's Mad Money that he didn't expect KeyCorp (NYSE: KEY) to fall so much. He still sees value in the stock, but he is not recommending the financials anymore.
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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Novocure Ltd (NASDAQ: NVCR) is a pure speculative stock and traders should understand that if they want to buy it, said Cramer. He added that the market is not kind on the speculative stocks at the moment.
Instead of buying Nokia Corporation (ADR) (NYSE: NOK), Cramer would rather buy Cisco Systems, Inc. (NASDAQ: CSCO), because it has a good balance sheet, a 4 percent dividend yield and better growth prospects.