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.
Twitter Inc (NYSE: TWTR) shares are trading higher by $0.75 (4.5 percent) at $16.88 in Thursday's session. The issue has been grinding its way higher since it made a new all-time low on May 23 at $13.73. That came a few weeks after the company wasn't satisfied with its Q1 report and FY 2016 guidance.
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Following a higher open, it retreated only $0.02 to $16.28 before continuing its move higher. It has continued to make new highs for the day and the current one stands at $16.89. In order to fill the void in price from the fallout from its Q1 report, it would need to reach the low from April 26 at $17.08. In order to match the closing price from that day, it would need to reach $17.75.
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.