May 26, 2011 7:14 PM | 1 min read |
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.
VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) fell 4.35% on Thursday, and it closed at $20.46. This was the third trading session in a row that TVIX closed lower. Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) dropped 4.28% today as Boston Properties, Inc. (NYSE: BXP) gained 1.61%, and AMB Property Corporation (NYSE: AMB) added 2.09%.Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA) lost 3.88% on Thursday as the Russell 2000 Index traded higher. TZA closed at $35.37, and it had a volume of 16.43M traded shares. Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSE: EDZ) traded 3.84% lower today, and it closed at $18.80. Banco Itau Holding Financeira S.A. (ADR) (NYSE: ITUB) is a component of the MSCI Emerging Markets Index, and it jumped 3.66%.
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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