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.
Think you know the markets? See if you can guess this stock by the chart and clues below. Answer is at the bottom.
- This stock traded down around 30% Wednesday after releasing poor guidance in their earnings report
- It was one of the more popular IPOs of 2015.
- Sympathy plays could include Apple Inc (NASDAQ: AAPL) and Nike Inc (NYSE: NKE).
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Answer: Fitbit Inc (NYSE: FIT)
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.