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.
U.S. indices had a mixed day of trading following Wednesday's Fed announcement. The Fed raised its inflation outlook for 2021 and 13 officials said they see a rate increase in 2023.
- The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) finished higher by 1.27% to $345.34
- The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) lost 0.62% to $338.65
- The SPDR S&P 500 ETF Trust (NASDAQ:SPY) fell by 0.03% to $421.97
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Advanced Micro Devices, Inc. (NASDAQ:AMD), NVIDIA Corporation (NASDAQ:NVDA) and Paypal Holdings Inc (NASDAQ:PYPL) were among the top gainers for the Nasdaq Thursday.
Fox Corp Class B (NASDAQ:FOX), Biogen Inc (NASDAQ:BIIB) and Sirius XM Holdings Inc (NASDAQ:SIRI) were among the top losers in the QQQ.
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Cleveland-Cliffs Inc (NASDAQ:CLF) was trading down over 8% at one point Thursday amid overall market weakness following inflation fears stoked by the Federal Reserve’s policy statement... Read More
Advanced Micro Devices Inc. (NASDAQ:AMD) shares were trading higher Thursday after the chipmaker and Google Cloud announced T2D... Read More
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.