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.
Check Point Software Technologies Ltd. (NASDAQ: CHKP) shares are trading higher by $6.89 at $96.50 in Thursday's session.
The catalyst for the rally to a new all-time high is a Q4 EPS beat of $0.21 along with a $9 million revenue beat; The company also raised Q1 and FY 2017 guidance.
After a higher open, it retreated only $0.50 to $94.50 before continuing its move higher. So far, the rally has reached $97.24, but now the issue falling back into the $96.00. That high far exceeds it former all-time high that was made on January 13 at $92.23.
In order to post a new all-time closing high, the issue would need to end the session above $90.71.
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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