Jim Cramer Advises His Viewers On Skechers And Starbucks


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.


Jim Cramer said on CNBC's Mad Money that Skechers USA Inc (NYSE: SKX) is trying to find its base. The company reported a decent quarter, but it wasn't enough for a high multiple stock. He has faith in the management and he would not sell the stock.

Cramer lowered his expectations about Starbucks Corporation (NASDAQ: SBUX). He no longer expects to see the stock at its all-time high any time soon.


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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Posted In: CNBCJim CramerMediaMad Money