June 20, 2011 5:39 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 Inverse VIX Short Term ETN (NYSE: XIV) jumped 4.38% on Monday, and it closed at $161.74. This was the second trading session in a row that XIV traded higher. iPath Dow Jones-UBS Sugar Subindex Total Return ETN (NYSE: SGG) traded higher today, along with sugar futures. SGG gained 3.73%, and it closed at $88.40.Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) gained 3.67%, and in the real estate space, Boston Properties, Inc. (NYSE: BXP) added 1.68%, and Taubman Centers, Inc. (NYSE: TCO) jumped 1.64%.Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) added 2.78% as the Russell 2000 Index closed 0.86% higher. TNA closed at $71.06, and it had a volume of 7.37M traded shares.
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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