July 21, 2011 7:36 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.
Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) traded 6.30% higher on Thursday, and it closed at $25.64. This was the third trading session that FAS closed in the positive territory. Direxion Daily Energy Bull 3X Shares(ETF) (NYSE: ERX) gained 5.82%, and closed at $85.30. In the energy space, Valero Energy Corporation (NYSE: VLO) gained 4.47%, and Marathon Oil Corporation (NYSE: MRO) added 3.09%.Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSE: EDC) added 4.96% as Petroleo Brasileiro SA (ADR) (NYSE: PBR) jumped 3.10%, and Banco Bradesco SA (ADR) (NYSE: BBD) gained 2.19%.iShares MSCI Italy Index (ETF) (NYSE: EWI) traded higher for the third consecutive trading session. Today, EWI gained 4.66%, and closed at $16.83.
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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