November 1, 2011 5:44 PM | 1 min read
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.
VelocityShares Daily Inverse VIX Short Term ETN (AMEX: XIV) lost 14.33%, and closed at $5.62 on Tuesday. XIV had a volume of 23.56M traded shares, and its average volume is 11.27M shares.Direxion Daily Russia Bull 3x Shares (AMEX: RUSL) fell 13.46%, and it closed at $14.27. RUSL traded lower for the third trading session in a row. Direxion Daily Financial Bull 3X Shares(ETF) (AMEX: FAS) dropped 13.02% today as Citigroup Inc. (NYSE: C) plunged 7.66%, and Bank of America Corp (NYSE: BAC) lost 6.30%.Direxion Daily Real Estate Bull 3X (ETF) (AMEX: DRN) slipped 13.32%, and closed at $49.47. In the real estate space, Vornado Realty Trust (NYSE: VNO) fell 3.91%, and First Industrial Realty Trust, Inc. (NYSE: FR) dropped 4.57%.
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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