March 4, 2016 10:35 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 0.06 percent to 16,933.01, the broader Standard & Poor's 500 index moved down 0.09 percent to 1,991.69 and the NASDAQ composite index declined 0.21 percent to 4,697.64. The industries that are still afloat in the market today are:
Silver: This industry gained 5.9 percent by 10:30 am. The top performer in this industry was
Endeavour Silver Corp(NYSE: EXK), which rose 14 percent. Endeavour Silver posted adjusted Q4 loss of $0.02 per share on revenue of $42.7 million.
Long Distance Carriers: This industry rose 4.8 percent by 10:30 am ET. The top performer in this industry was
General Communication, Inc. (NASDAQ: GNCMA), which gained 6 percent. General Communication shares have gained 27.54 percent over the past 52 weeks, while the S&P 500 index has dropped 3.76 percent in the same period.
Photographic Equipment & Supplies: The industry gained 4.8 percent by 10:30 am. The top performer in this industry was
GoPro Inc (NASDAQ: GPRO), which gained 5.2 percent. GoPro's PEG ratio is 1.01.
Movie Production, Theaters: This industry moved up 2.4 percent by 10:30 am. The top performer in this industry was
Carmike Cinemas, Inc. (NASDAQ: CKEC), which rose 16 percent. Carmike Cinemas agreed to be acquired by
AMC Theatres (NYSE: AMC) for $30.00 per share.
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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