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.
Target Corporation (NYSE:TGT) shares are trading higher by $1.14 (3.3 percent) at $55.67 in Wednesday's session. That is a far cry from its pre-market high of $59.19, which was made after its Q1 report was released.
For the quarter, the company posted an EPS beat of 30 cents along with a sales beat of $400 million.
After a higher open, it went only a penny higher to $56.97 before sellers engulfed the issue. So far, the ensuing decline has taken the stock to $55.43, which is just under the upper range of Tuesday's session ($55.56).
If the decline continues, there may be additional support at Tuesday's close of $54.53.
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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