July 20, 2011 2:27 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.
Shares of Voyager Oil & Gas (AMEX: VOG) are trading higher on the session by 16.07%, at $3.73. Shares have been consolidating below the $3.60 level for most of the session, but have now broken out. Voyager Oil & Gas is now testing the 200-day moving average. Given the high volume (4.5x the ten day daily average), overbought status, and the resistance at the 200-day, expect shares to find a top around here. Though not a short candidate at the moment, the price action today and tomorrow could change that. Voyager Oil & Gas, Inc., formerly ante4, Inc. is an exploration-stage company. The company was formed for the purpose of exploration, exploitation, acquisition and production of crude oil and natural gas in the continental United States.
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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