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 fell 1.02 percent to 18,138.55, the broader Standard & Poor's 500 index moved down 1.17 percent to 2,133.75 and the NASDAQ composite index declined 0.87 percent to 5,166.73.
The industries that are still afloat in the market today are:
- Electronic Equipment: This industry gained 2.6 percent by 10:30 am. The top stock within the industry was Apple Inc. (NASDAQ: AAPL), which gained 2.7 percent. T-Mobile US Inc (NASDAQ: TMUS) said Apple's iPhone 7 and iPhone 7 Plus have set the biggest pre-order in the company's history.
- Electronics Stores: This industry rose 0.9 percent by 10:30 am ET. The top performer in this industry was GameStop Corp. (NYSE: GME), which gained 1 percent. GameStop’s PEG ratio is 0.80.
- Beverages - Wineries & Distillers: The industry gained 0.4 percent by 10:30 am. The top performer in this industry was Willamette Valley Vineyards, Inc. (NASDAQ: WVVI), which gained 1.4 percent. Willamette Valley Vineyards shares have climbed 14.51 percent over the past 52 weeks, while the S&P 500 index has gained 10.55 percent in the same period.
- General Entertainment: This industry moved up 0.3 percent by 10:30 am. The top performer in this industry was Six Flags Entertainment Corp (NYSE: SIX), which rose 1.6 percent.
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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