October 14, 2011 10:30 AM | 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.
In the report, Deutsche Bank writes, “While there are growing concerns regarding the intermediate term outlooks in several key regions, we expect our companies to maintain a cautiously positive tone in their quarterly earnings commentary, given relatively robust current sales and order trends (so far) across the globe. Overall, we remain comfortable with the North American Auto Demand, Pricing, and Mix assumptions underpinning our U.S. Automaker and Supplier models, but we remain somewhat less optimistic regarding the outlook outside of North America”.Companies included the Deutsche Bank report are: Ford Motor (NYSE: F), General Motors (NYSE: GM), Autoliv (NYSE: ALV), American Axel (NYSE: AXL), BorgWarner (NYSE: BWA), Dana Corp. (NYSE: DAN), Lear Corp. (NYSE: LEA), Magna International (NYSE: MGA), Tenneco (NYSE: TEN), TRW Automotive (NYSE: TRW)
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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