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.
Merck & Co., Inc. (NYSE: MRK) shares are trading lower by $1.16 at $53.65 in Thursday's session. Despite an EPS beat of $0.04, the Street is concerned with its slight revenue miss.
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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Following a lower open, it could only manage a $0.03 pop to $54.31 before continuing its move lower. The ensuing decline took the issue to $53.34 before staging a rebound.
That marks the lowest level for the issue since it bottomed on April 4 at $52.44.