Technical Alert: JC Penney Lower


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.


  • $9.27 - Thursday close
  • $9.22 - Intraday high as of 12:13 PM
  • $8.91 - Current price as of 12:13 PM
  • $8.87 - Intraday low as of 12:13 PM
  • $8.30 - November 11 low

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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Posted In: TechnicalsIntraday UpdateMoversTrading Ideas