Jim Cramer Advises Viewers On Virgin America, Ferrari And Tesla


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 would take profits in Virgin America Inc (NASDAQ: VA) after the merger with Alaska Air Group, Inc. (NYSE: ALK). He added that the merger was a good deal.

A viewer asked Cramer if he should sell Ferrari N.V. (NYSE: RACE) and buy Tesla Motors Inc (NASDAQ: TSLA). Cramer would wait for a pull back in Tesla because he is uncomfortable buying the stock after a recent move higher.


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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Posted In: CNBCJim CramerMediaMad Money