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.
Lions Gate Entertainment Corp. (USA) (NYSE: LGF) shares were unchanged at $20.94 in Thursday's session.The Street seemed to be having second thoughts regarding its takeover of Starz Entertainment (NASDAQ: STRZA) for $4.4 billion in cash and stock.
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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After a sharply higher open, it immediately peaked at $23.37 and began to crater. That level is just shy of a trio of highs from earlier in the month at the $23.50 area.
Since making that high, it swooned to $20.25 before staging a rebound. That low is just above Wednesday's low of $20.16.