April 15, 2016 10:32 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 0.07 percent to 17,914.68, the broader Standard & Poor's 500 index moved down 0.12 percent to 2,080.22 and the NASDAQ composite index declined 0.18 percent to 4,936.93. The industries that are still afloat in the market today are:
Semiconductor- Memory Chips: This industry gained 1.5 percent by 10:30 am. The top performer in this industry was
Micron Technology, Inc. (NASDAQ: MU), which rose 1.3 percent. Raymond James upgraded Micron from Outperform to Strong Buy. Brean Capital initiated coverage on Micron with a Buy rating and a $14.00 price target.
Toy & Hobby Stores: This industry rose 1.3 percent by 10:30 am ET. The top performer in this industry was
Build-A-Bear Workshop, Inc (NYSE: BBW), which gained 1.2 percent. Build-A-Bear's PEG ratio is 0.42.
Sporting Goods Stores: The industry gained 1.2 percent by 10:30 am. The top performer in this industry was
Dicks Sporting Goods Inc (NYSE: DKS), which gained 2.8 percent. Dicks Sporting shares have dropped 18.45 percent over the past 52 weeks, while the S&P 500 index has gained 0.08 percent in the same period.
Photographic Equipment & Supplies: This industry moved up 1.1 percent by 10:30 am. The top performer in this industry was
GoPro Inc (NASDAQ: GPRO), which rose 2.9 percent. GoPro reported the launch of a developer program to support third-party GoPro-compatible solutions
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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