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.
- Schmitt Industries, Inc. (NASDAQ: SMIT) shares fell 9 percent to touch a new 52-week low of $1.42. Schmitt Industries shares have dropped 42.44 percent over the past 52 weeks, while the S&P 500 index has gained 11.95 percent in the same period.
- ITT Educational Services, Inc. (NYSE: ESI) shares touched a new 52-week low of $0.59 amid news that the U.S. Department of Education will have increased oversight for the company.
- Wipro Limited (ADR) (NYSE: WIT) shares touched a new 52-week low of $10.378. Wipro shares have dropped 10.35 percent over the past 52 weeks, while the S&P 500 index has climbed 11.95 percent in the same period.
- Sphere 3D Corp. (NASDAQ: ANY) shares reached a new 52-week low of $0.62. Sphere 3D shares have declined 76.38 percent over the past 52 weeks, while the S&P 500 index has gained 11.95 percent in the same period.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!