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 answered a question about 8Point3 Energy Partners LP (NASDAQ: CAFD). He said that he would avoid the solar sector because that is not a right place to be at the moment. He would particularly make sure that he is not in SolarCity Corp (NASDAQ: SCTY).
Cramer thinks that PPG Industries, Inc. (NYSE: PPG) is not at a right level, after it missed on its earnings report. He added that it has to trade lower before he gets interested to buy it.
Cramer's charitable trust fund owns Allergan plc Ordinary Shares (NYSE: AGN). He doesn't expect a move higher in the near term, because of the political headwinds. He added that investors should not have a big position in the biotech sector going into the Presidential election.
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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