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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
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.
The primary catalyst is the announcement that Alibaba's Jack Ma has met with a President-elect Donald Trump spokesperson. Talks included the latest for U.S. expansion that may create 1 million U.S. jobs over the next five years. Also, Standpoint Research upgraded the issue from Hold to Accumulate.
The issue, which had been higher in four of its last five sessions, with the one outlier being a $0,48 loss on Friday, has climbed from its December 29 close ($87.33) to $95.65 earlier in the Monday's session. That high comes in just above its November 30 high of $95.48. Alibaba has not closed $94 since November 10, when it ended that session at $94.34.