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 0.10 percent to 18,142.90, the broader Standard & Poor's 500 index moved up 0.01 percent to 2,126.44 and the NASDAQ composite index slipped 0.04 percent to 5,188.14.
The industries that are supporting the market today are:
- Drugs Wholesale: This industry gained 2.7 percent by 10:30 am. The top stock within the industry was Cardinal Health Inc (NYSE: CAH), which gained 4.3 percent. Cardinal Health posted upbeat quarterly results.
- Building Materials Wholesale: This industry rose 1.8 percent by 10:30 am ET. The top performer in this industry was Louisiana-Pacific Corporation (NYSE: LPX), which gained 2.4 percent. Louisiana Pacific posted Q3 earnings of $0.32 per share on revenue of $596 million. The company named Brad Southern as COO.
- Toy & Hobby Stores: The industry gained 1.6 percent by 10:30 am. The top performer in this industry was Build-A-Bear Workshop, Inc (NYSE: BBW) which gained 2 percent. Build-A-Bear shares have dropped 17.55 percent over the past 52 weeks, while the S&P 500 index has increased 1.06 percent in the same period.
- Security Software & Services: This industry moved up 1.5 percent by 10:30 am. The top performer in this industry was Check Point Software Technologies Ltd. (NASDAQ: CHKP), which rose 3 percent. Check Point reported better than expected results for the third quarter.
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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