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 discussed Hasbro, Inc. (NASDAQ: HAS)'s quarterly results during Monday's "Mad Dash" segment.
Cramer was quick to point out that Hasbro's report marks a "great" quarter after reporting a disappointing second quarter back in July. At that time, the company took a cautious tone towards its product lines that is sold to girls.
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Cramer went on to point out that Hasbro's stock hasn't recovered its losses following its second quarter report. In fact, Cramer highlighted this is an ongoing trend among many companies that "report a great quarter but [their stock] does not get back to even."
Cramer said Hasbro has now reported a "great" third quarter but questioned if "anyone will care." After all, Hasbro did report "a big upside surprise and things are really great" at the company so why aren't investors paying more attention?
CNBC's David Faber did point out to Cramer that Hasbro's stock was higher by nearly 5 percent during his segment.
"Let's see if it stays," Cramer responded "Do you remember how strong the bank stocks were ahead of the open [on Friday.] They folded."
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.