Stocks Dip into the Red as Banks, Euro Slump


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.


Originally posted at Fox Business.FOX Business: The Power to ProsperA mini rally on Wall Street fizzled Monday as sinking banking stocks and the slumping euro weigh down financial markets.Today's MarketsAs of 12:05 p.m. ET, the Dow Jones Industrial Average fell 52.60 points, or 0.44%, to 11813.79, the Standard & Poor's 500 lost 8.10 points, or 0.66%, to 1211.56 and the Nasdaq Composite sank 11.52 points, or 0.45%, to 2543.89.Without any major economic reports slated for release, U.S. markets were focused on the selloff in the financial sector and a number of global events, including the death of North Korean leader Kim Jong Il. Continue reading the article.

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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