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.
Tenet Healthcare Corp (NYSE:THC) shares are trading higher by $2.68 (18.55 percent) at $17.13 in Monday's session. Investors are following the lead of Camber Capital Management, which reported in a 13-G filing that it has taken a 5.7-percent stake in the downtrodden acute-care firm.
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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The stock is adding to its nearly $2 gain Friday ($12.65 to $14.45), that followed the resignation of two directors from Glenview Capital.
After a higher open, it saw a 31-cent retreat to $15 before continuing its move higher. So far, the ensuing rally has taken the issue to $17.47, but it has now fallen back to the $17 area.