Jim Cramer Advises His Viewers On Magellan Midstream Partners And Gold


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 Magellan Midstream Partners, L.P. (NYSE:MMP) is going to perform much better. He would hold a long position in the name and he would even buy more.

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Cramer thinks it would be a great idea to put 10 percent of a portfolio in physical gold. He added that he would hold gold in a safety deposit box and he warned viewers not to to store it in their houses. Traders who like gold, but don't want to buy physical gold, can take a closer look at SPDR Gold Trust (ETF) (NYSE:GLD).


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.


Posted In: CNBCJim CramerCommoditiesMarketsMediaMad Money