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.
BNC Bancorp BNCN was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $31.40 to $33.00 in the past one-month time frame.
The company hasn't seen any estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
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BNC Bancorp currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another stock worth considering in the Finance sector is AllianceBernstein Holding L.P. AB which carries a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here.
Is BNCN going up? Or down? Predict to see what others think: Up or Down
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BNC Bancorp (NASDAQ:BNCN): Free Stock Analysis Report
AllianceBernstein Holding L.P. (NYSE:AB): Free Stock Analysis Report
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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.