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.
Shares of iShares S&P SmallCap 600 Value Index Fund (NYSE: IJS) traded up 0.4% to $64.54 today on above average volume. Approximately 2.7 million shares have traded hands today vs. average 30-day volume of 221,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of IJS to see if this bullish momentum will continue.
SmarTrend is bullish on shares of iShares S&P SmallCap 600 Value Index Fund and our subscribers were alerted to buy on February 17, 2010 at $58.30. The stock has risen 10.7% since the alert was issued.
Write to Chip Brian at cbrian@tradethetrend.com
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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.
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