27% profits every 20 days?
This is what Nic Chahine averages with his options 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 spoke on CNBC's Mad Money about Shake Shack Inc (NYSE: SHAK). He thinks its market cap of $1.3 billion is still very high, but the company can grow to that number. He added that he likes the risk-reward ratio in Shake Shack at its current price level.
Cramer believes it's worth betting that Del Taco Restaurants Inc (NASDAQ: TACO) is going to recover. He also thinks the whole sector is under a lot of pressure and he thinks investors have to be careful with this stock.
The long-term trend is still in Chipotle Mexican Grill, Inc.'s (NYSE: CMG) favor, thinks Cramer. He expects to see a recovery from the E. Coli outbreak, because people want to eat organic food. He added that companies like Jack in the Box Inc. (NASDAQ: JACK) and Taco Bell managed to recover from similar incidents.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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