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.
At 10:30 am, the Dow rose 0.39 percent to 17,764.21, the broader Standard & Poor's 500 index moved up 0.39 percent to 2,078.86 and the NASDAQ composite index gained 0.31 percent to 4,794.04.
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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The industries that are driving the market today are:
- Processed & Packaged Goods: This industry gained 3 percent by 11:00 am. The top stock within the industry was General Mills, Inc. (NYSE: GIS), which gained 3.7 percent. Bank of America upgraded General Mills from Underperform to Neutral.
- Dairy Products: This industry rose 2.5 percent by 10:30 am ET. The top performer in this industry was Dean Foods Co (NYSE: DF), which gained 3 percent. Dean Foods’ PEG ratio is 1.12.
- Meat Products: The industry gained 2.4 percent by 10:30 am. The top performer in this industry was Tyson Foods, Inc. (NYSE: TSN), which gained 3.6 percent. Tyson shares have gained 49.62 percent over the past 52 weeks, while the S&P 500 index has slipped 0.29 percent in the same period.
- Personal Services: This industry moved up 2 percent by 10:30 am. The top performer in this industry was Liberty Tax Inc (NASDAQ: TAX), which rose 4.7 percent.