27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Oracle Corporation (NYSE: ORCL) shares are trading higher by $1.60 at $40.34 in Wednesday's session. The catalyst for the rally is a Q3 beat of $0.02 with inline revenues. The company added $10 billion to its buyback plan.
After a higher open, it retreated only $0.02 to $39.53 before resuming its move higher. So far, it reached $40.94 and has drifted back into the lower $40 handle.
This the closest the issue has been to the $41 level since July 2015, when it peaked at $41.02.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!