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.
It’s slim pickings for this week’s draft of market newbies. Only two companies will make initial public offerings following a series of weeks with sundry emerging players.
Here is the lonely pair:
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Clementia Pharmaceuticals Inc. (CMTA) will issue 7.15 million between $13 and $15 Tuesday on the Nasdaq. The Canada-based firm focuses on orphan diseases and is presently developing treatments for fibrodysplasia ossificans progressiva.
Venator Materials plc (VNTR) will issue 22.7 million shares between $20 and $22 Thursday on the New York Stock Exchange. The chemical company develops and manufactures titanium dioxide pigments and performance additives for various paint products.
Related Links:
The Basics Of IPOs: Some Things You Should Know
3 Important Dates For All IPOs, Explained
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.