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.
Nokia Oyj (ADR) (NYSE:NOK) shares are trading higher by $0.37 (5.7 percent) at $6.58 in Tuesday's session.
The catalyst for the rally is the announcement the company has mended the fences with Apple Inc. (NASDAQ:AAPL) and the companies are now cooperating on new technologies for "digital health initiatives."
See Also: From Frenemies To Friends? Apple Is Now Working With Nokia To Explore Health Tech
In a tight trading range, Nokia's stock peaked one penny above its opening print at $6.65. The ensuing decline has only taken the stock to $6.54 and it has been trading in between those two levels.
That marks the highest level for the issue since January 29, 2016, when it peaked $7.22. Two days later it was at $6.34, when Bank Of America downgraded the stock from Buy to Neutral.
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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