May 12, 2016 10:20 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.
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Macy's, Inc. (NYSE: M) shares fell 1.53 percent to touch a new 52-week low of $30.90. Northland Securities downgraded Macy's from Buy to Neutral. Morgan Stanley maintained an Equal-Weight rating on Macy's, while lowering the price target from $40 to $35.
Buckle Inc (NYSE: BKE) shares declined 1.75 percent to touch a new 52-week low of $24.15. Buckle shares have dropped 44.73 percent over the past 52 weeks, while the S&P 500 index has slipped 2.67 percent in the same period.
Linn Energy LLC (NASDAQ: LINE) shares dropped 60.71 percent to touch a new 52-week low of $0.130 following announcement of Chapter 11 Bankruptcy filing on Wednesday.
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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