March 4, 2016 10:02 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.
(NYSE: JCP) shares gained 2.31 percent to reach a new 52-week high of $11.09. Evercore ISI upgraded the rating for J C Penney from Hold to Buy, while raising the price target from $8 to $15.
Philip Morris International Inc. (NYSE: PM) shares rose 0.53 percent to touch a new 52-week high of $93.75. Philip Morris shares have gained 16.50 percent over the past 52 weeks, while the S&P 500 index has declined 3.76 percent in the same period.
Pan American Silver Corp. (USA) (NASDAQ: PAAS) shares rose 5.96 percent to reach a new 52-week high of $10.67. Pan American Silver's PEG ratio is 0.44.
Bruker Corporation (NASDAQ: BRKR) shares gained 1.59 percent to touch a new 52-week high of $28.68. Bruker shares have surged 50.00 percent over the past 52 weeks, while the S&P 500 index has dropped 3.76 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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