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.
It’s critical to know whether a stock you plan on buying has an ex-dividend status, because in case it does, the dividend would be paid out to the seller. The person who owns the stock on the ex-dividend date will be awarded the payment, which means that you’ll have to wait for the next dividend cycle to receive your first dividend payout from the company.
On the other hand, share prices typically decline just after the ex-dividend date is declared, and usually by an amount equal to the expected dividend. So, this may give you the opportunity to identify a good entry point. If you’re planning on selling shares on or after the ex-dividend date, you'll receive the dividend payout from the company.
Here is the list of stocks going ex-dividend on Friday.
- Carter's, Inc. (NYSE: CRI) - $0.3300 dividend, 1.3300 percent yield
- Stage Stores Inc (NYSE: SSI) - $0.1500 dividend, 10.4712 percent yield
- EMC Insurance Group Inc. (NASDAQ: EMCI) - $0.1900 dividend, 2.7506 percent yield
- Pinnacle Foods Inc (NYSE: PF) - $0.2850 dividend, 2.3021 percent yield
- Chemical Financial Corporation (NASDAQ: CHFC) - $0.2700 dividend, 2.4221 percent yield
- NextEra Energy Inc (NYSE: NEE) - $0.8700 dividend, 2.7311 percent yield
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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