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 0.24 percent to 18,602.72, while the NASDAQ composite index climbed 0.88 percent to 5,080.70. The broader Standard & Poor's 500 index gained 0.39 percent to 2,172.12.
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 worst performing industries in the market today are:
- Silver: This industry slipped 3 percent by 11:00 am. The worst stock within the industry was Coeur Mining Inc (NYSE: CDE), which fell 8.2 percent. Coeur Mining is scheduled to report quarterly financial results on July 27, 2016.
- Nonmetallic Mineral Mining: This industry declined 1.8 percent by 11:00 am with Yanzhou Coal Mining Co Ltd (ADR) (NYSE: YZC) moving down 3.1 percent. Yanzhou Coal Mining shares have increased 4.35 percent over the past 52 weeks, while the S&P 500 index has gained 1.67 percent in the same period.
- Copper: This industry fell 1.3 percent by 11:00 am ET. Freeport-McMoRan Inc (NYSE: FCX) shares dropped 4.6 percent in today's trading. Freeport-McMoRan is expected to release quarterly financial results on July 26, 2016.
- Regional - Northeast Banks: The industry dropped 1.1 percent by 11:00 am. The worst performer in this industry was Codorus Valley Bancorp, Inc. (NASDAQ: CVLY), which declined 3.4 percent.