November 11, 2011 6:48 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.
Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA: SOXL) fell 10.32% on Friday, and it closed at $50.76. In the semiconductor space, Advanced Micro Devices, Inc. (NYSE: AMD) jumped 5.12%, and Intel Corporation (NASDAQ: INTC) added 3.28%.VelocityShares Daily 2x VIX Short Term ETN (NYSEARCA: TVIX) lost 8.32% today, and it closed at $50.50. In the after hours, TVIX jumped 1.37%.Direxion Daily Real Estate Bear 3X (ETF) (NYSEARCA: DRV) plunged 8.14% on Friday, and in the real estate space, Boston Properties, Inc. (NYSE: BXP) added 2.83%.Direxion Small Cap Bear 3X Shares (ETF) (NYSEARCA: TZA) dropped 7.99% as the Russell 2000 Index traded higher. TZA closed at $29.09, and it had a volume of 27.79M traded shares.
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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