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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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.
The issue is now trading low for the fourth day in a row, falling from its Oct. 5 close ($20.39) to $18.25 earlier in Wednesday's session. Off the open it attempted to rally but came up just of Wednesday's high ($19.20), only reaching $19.05 before turning lower.
If the decline continues, based on the daily charts, there may be no major support in the issue until the series of four consecutive low at the $17.70 area from late August.