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.
Edwards Lifesciences Corp (NYSE: EW) shares are trading higher by $5.78 (7 percent) by $89.51 in Thursday's session. The catalyst for the rally is the announcement of raised guidance for FY 2017 from earnings of $2.88 per share to $3.30-$3.45.
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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The issue, which had put in a series of five lows over that last five sessions from the $81.12 to $82.41, has now distanced itself from that area.
Following a higher open, it retreated only $0.28 to $85.27 before continuing its move higher. So far, the ensuing rally has reached $91.34, but now is struggling to remain in the $90.00 handle. That high comes in just above a pair of from November 17 ($90.83) and November 18 ($90.99).