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.
U.S. indices were trading relatively flat again Wednesday after the Fed left interest rates unchanged. Comments from Fed leadership suggest even as the economy continues to improve, easy monetary policy may stay in effect.
- The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) closed lower by 0.43% at $338.37.
- The SPDR S&P 500 ETF Trust (NASDAQ:SPY) finished slightly lower by 0.03% at $417.40.
- The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) finished lower by 0.34% at $339.
Here are the day's winners and losers from the Dow Jones, according to data from Benzinga Pro.
Leaders for the DIA Wednesday came from industrials and financial services: Chevron Corporation (NYSE:CVX), Visa Inc (NYSE:V) and American Express Company (NYSE:AMX).
Microsoft Corporation (NASDAQ:MSFT), Boeing Co (NYSE:BA) and Amgen, Inc. (NASDAQ:AMGN) were among the biggest losers in the DIA.
Boeing shares were trading lower after the company reported worse-than-expected first-quarter EPS results. Amgen shares were also trading lower after the company reported worse-than-expected first-quarter EPS and sales results.
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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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