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.
It’s critical to know whether a stock you plan on buying has an ex-dividend status, because in case it does, the dividend would be paid out to the seller. The person who owns the stock on the ex-dividend date will be awarded the payment, which means that you’ll have to wait for the next dividend cycle to receive your first dividend payout from the company.
On the other hand, share prices typically decline just after the ex-dividend date is declared, and usually by an amount equal to the expected dividend. So, this may give you the opportunity to identify a good entry point. If you’re planning on selling shares on or after the ex-dividend date, you'll receive the dividend payout from the company.
Here is the list of stocks going ex-dividend on Tuesday.
- Scotts Miracle-Gro Co (NYSE: SMG) - $0.5000 dividend, 2.2112 percent yield. Scotts Miracle-Gro shares have climbed 29.71 percent over the past 52 weeks, while the S&P 500 index has gained 4.57 percent in the same period.
- Schweitzer-Mauduit International, Inc. (NYSE: SWM) - $0.4200 dividend, 4.6758 percent yield. Schweitzer-Mauduit, based in Alpharetta, Georgia, was founded in 1995.
- Marriott International Inc (NYSE: MAR) - $0.3000 dividend, 1.6199 percent yield. Marriott shares have increased 6.13 percent over the past 52 weeks, while the S&P 500 index has gained 4.57 percent in the same period.
- Cabot Corp (NYSE: CBT) - $0.3000 dividend, 2.3697 percent yield. Cabot, based in in Boston, Massachusetts, operates as a specialty chemicals and performance materials company.
- Magna International Inc. (USA) (NYSE: MGA) - $0.2500 dividend, 2.5019 percent yield. Magna shares have dropped 8.08 percent over the past 52 weeks, while the S&P 500 index has gained 4.57 percent in the same period.
- CDW Corp (NASDAQ: CDW) - $0.1600 dividend, 1.4175 percent yield. CDW, based in Lincolnshire, Illinois, distributes IT solutions in North America and the United Kingdom.
- Huntington Ingalls Industries Inc (NYSE: HII) - $0.6000 dividend, 1.4854 percent yield. Huntington Ingalls shares have jumped 31.76 percent over the past 52 weeks, while the S&P 500 index has gained 4.57 percent in the same period.
- Office Depot Inc (NASDAQ: ODP) - $0.0250 dividend, 3.2787 percent yield. Office Depot, based in Boca Raton, Florida, supplies office products and services.
- Robert Half International Inc. (NYSE: RHI) - $0.2200 dividend, 2.3726 percent yield. Robert Half shares have dropped 12.06 percent over the past 52 weeks, while the S&P 500 index has gained 4.57 percent in the same period.
- NetEase Inc (ADR) (NASDAQ: NTES) - $0.7800 dividend, 1.2388 percent yield. NetEase has a 52-week high of $239.62.
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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