27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
On CNBC's Mad Money, Jim Cramer spoke about CSX Corporation (NASDAQ:CSX). He would take profits in the name, because he sees it as an expensive stock.
Instead of buying JetBlue Airways Corporation (NASDAQ:JBLU), Cramer would buy Southwest Airlines Co (NYSE:LUV) because it's the most consistent in the space.
Gilead Sciences, Inc. (NASDAQ:GILD) looks like a dead value company at the moment, said Cramer. He added that it's a very low risk company, because of a huge cash position, but it also can't trade much higher, unless it makes an acquisition. Gilead gained 0.51 percent on Wednesday.
Cramer thinks the border tax is going to be very difficult to implement, so he thinks it won't affect Burlington Stores Inc (NYSE:BURL).
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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