Benzinga's Top ETF Decliners, June 27th (SQQQ, VZZ, AGQ, TMF)

by Benzinga Staff
June 27, 2011 6:23 PM | 1 min read

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.

ProShares Trust UltraPro Short QQQ ETF (NASDAQ: SQQQ) dropped 4.80% today, and it closed at $27.37 as the NASDAQ-100 Index traded higher. Amazon.com, Inc. (NASDAQ: AMZN) gained 4.52% on Monday.iPath Long Enhanced S&P 500 VIX Mid Term Futures ETN (NYSE: VZZ) fell 4.46%, and it broke its three day winning streak. VZZ closed at $13.93, and it had a volume of 140K traded shares. ProShares Ultra Silver (ETF) (NYSE: AGQ) traded lower today, along with silver. AGQ fell 4.41%, and it closed at $153.50.Direxion Daily 30-Year Treasury Bull 3X Shares (NYSE: TMF) lost 4.05% today, and it closed at $37.18. It had a volume of 85K traded shares, and its average volume is 155K shares.

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.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Broad U.S. Equity ETFsSpecialty ETFsCommoditiesETFs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.