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.
Jim Cramer said on CNBC's Mad Money that value of Berkshire Hathaway Inc. (NYSE: BRK-B) is much larger than its current market capitalization. He would buy the stock and if it trades lower he would buy 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.
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First Hawaiian Inc (NASDAQ:FHB) is a long-term buy, thinks Cramer. He added that a long position in the name would have to be a multi-year hold.
Cramer likes E*TRADE Financial Corp (NASDAQ:ETFC). He thinks it's going to benefit from higher interest rates. He isn't concerned with lower commissions.