March 2, 2016 10:28 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.
At 10:30 am, the Dow fell 0.33 percent to 16,808.82, the broader Standard & Poor's 500 index moved down 0.19 percent to 1,974.64 and the NASDAQ composite index declined 0.08 percent to 4,685.84. The industries that are still afloat in the market today are:
Photographic Equipment & Supplies: This industry gained 3.5 percent by 10:30 am. The top performer in this industry was
GoPro Inc(NASDAQ: GPRO), which rose 3.5 percent. GoPro's PEG ratio is 0.92.
Nonmetallic Mineral Mining: This industry rose 3.3 percent by 10:30 am ET. The top performer in this industry was
SunCoke Energy Inc
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(NYSE: SXC), which gained 7.1 percent. SunCoke Energy shares have dropped 71.42 percent over the past 52 weeks, while the S&P 500 index has slipped 5.73 percent in the same period.
Foreign Money Center Banks: The industry gained 2.1 percent by 10:30 am. The top performer in this industry was
Credit Suisse Group AG (ADR) (NYSE: CS), which gained 3.9 percent. Credit Suisse shares have fallen 41.42 percent over the past 52 weeks, while the S&P 500 index has dropped 5.73 percent in the same period.
Drugs Wholesale: This industry moved up 1.4 percent by 10:30 am. The top performer in this industry was
McKesson Corporation (NYSE: MCK), which rose 2.8 percent. McKesson announced plans to acquire Rexall Health from Katz Group for $2.23 billion.
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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