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.
Some of the stocks that may grab investor focus today are:
- Wall Street expects J C Penney Company Inc (NYSE:JCP) to report quarterly loss at $0.05 per share on revenue of $2.84 billion before the opening bell. J C Penney shares rose 2.55 percent to $4.83 in after-hours trading.
- Snap Inc (NYSE:SNAP) reported a wider-than-expected loss for its second quarter. Snap added about 7 million daily active users during the quarter; Q2 total DAUs came in at 173 million, about 2 million short of estimates. Snap shares dipped 16.70 percent to $11.47 in the after-hours trading session.
- NVIDIA Corporation (NASDAQ:NVDA) posted better-than-expected earnings for its second quarter on Thursday. NVIDIA shares fell 6.71 percent to $153.68 in the after-hours trading session.
- Analysts are expecting Magna International Inc. (USA) (NYSE:MGA) to have earned $1.47 per share on revenue of $9.45 billion in the latest quarter. Magna will release earnings before the markets open. Magna shares declined 2.96 percent to close at $46.85 on Thursday.
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- Nordstrom, Inc. (NYSE:JWN) posted stronger-than-expected results for its third quarter. Nordstrom shares rose 2.83 percent to $46.14 in the after-hours trading session.
- News Corp (NASDAQ:NWSA) reported upbeat earnings for its fourth quarter, while sales missed estimates. News Corp shares declined 3.46 percent to close at $13.68 on Thursday.
- Camping World Holdings Inc (NYSE:CWH) reported better-than-expected results for its second quarter on Thursday. Camping World shares climbed 5.66 percent to $33.25 in the after-hours trading session.
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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