June 7, 2016 11:27 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.
The Dow rose 0.40 percent to 17,992.00, while the NASDAQ composite index gained 0.02 percent to 4,969.80. The broader Standard & Poor's 500 index rose 0.30 percent to 2,115.71.The worst performing industries in the market today are:
Grocery Stores: This industry slipped 1 percent by 11:00 am. The worst stock within the industry was
Casey's General Stores Inc (NASDAQ: CASY), which fell 4.4 percent. Casey's reported weaker-than-expected earnings for the latest quarter on Monday.
Copper: This industry declined 0.8 percent by 11:00 am with
Freeport-McMoRan Inc
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(NYSE: FCX) moving down 2.5 percent. Freeport-McMoRan shares have dropped 41.81 percent over the past 52 weeks, while the S&P 500 index has gained 1.41 percent in the same period.
Computer Peripherals: This industry fell 0.7 percent by 11:00 am ET.
Qumu Corp (NASDAQ: QUMU) shares dropped 5.6 percent in today's trading. Qumu shares have declined 48.67 percent over the past 52 weeks, while the S&P 500 index has gained 1.41 percent in the same period.
Investment Brokerage - Regional: The industry dropped 0.6 percent by 11:00 am. The worst performer in this industry was
Raymond James Financial, Inc. (NYSE: RJF), which declined 1.1 percent.
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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