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.
On CNBC's "Options Action," Mike Khouw said he saw two times the average daily call volume in United States Oil Fund LP (NYSE:USO) on Tuesday.
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The most active contract was the October 9, $29 strike call as over 6,000 contracts were traded for 35 cents. The trade breaks even at $29.35 or 3.38% above the closing price on Tuesday.
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.