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.
GoPro Inc (NASDAQ:GPRO) shares are trading lower by 36 cents (5.4 percent) at $7.71 in Friday's session.
There is no specific news out on GoPro to account for the decline. Over that time period, the stock has fallen from its June 12 close of $8.53 to as low as $7.57 earlier in today's session.
GoPro's stock is now trading changing hands in the thinly-traded area down to the top of its March 15 range at $7.37. The reason for the void in price action was its leap from $7.35 to $8.51 on March 16. The catalyst for the gain on that day was a Citi upgrade, which bumped its rating from Sell to Neutral.
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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