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 fell 0.20 percent to 18,232.31, while the NASDAQ composite index declined 0.23 percent to 5,294.57. The broader Standard & Poor's 500 index slipped 0.27 percent to 2,154.98.
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:
- Meat Products: This industry slipped 3.3 percent by 11:00 am. The worst stock within the industry was Tyson Foods, Inc. (NYSE: TSN), which fell 9.1 percent. Pivotal Research downgraded Tyson from Buy to Sell.
- Drug Related Products: This industry declined 2.2 percent by 11:00 am with Perrigo Company plc (NYSE: PRGO) moving down 3 percent. Perrigo shares have declined 39.25 percent over the past 52 weeks, while the S&P 500 index has gained 8.26 percent in the same period.
- Aerospace/Defense Products & Services: This industry fell 1.4 percent by 11:00 am ET. Triumph Group Inc (NYSE: TGI) shares dropped 5.5 percent in today's trading. Triumph Group shares have dropped 39.39 percent over the past 52 weeks, while the S&P 500 index has gained 8.26 percent in the same period.
- Dairy Products: The industry dropped 1.2 percent by 11:00 am. The worst performer in this industry was Dean Foods Co (NYSE: DF), which declined 1.3 percent.