January 4, 2012 5:34 PM | 1 min read |
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.
Direxion Daily Real Estate Bull 3X (ETF) (NYSEARCA: DRN) lost 4.95% on Wednesday, and it closed at $50.09. In the real estate space, Vornado Realty Trust (NYSE: VNO) slipped 2.28%, and Boston Properties, Inc. (NYSE: BXP) dropped 1.96%.VelocityShares Daily 2x VIX Short Term ETN (NYSEARCA: TVIX) fell 3.89%, and it closed at $27.40. This was the second consecutive trading session that TVIX closed lower. Direxion Daily 20+ Year Treasury Bull 3X Shares (NYSEARCA: TMF) dropped 3.38% today, and it closed at $66.06. TMF had a volume of 110K traded shares, and its average volume is 181K shares.ProShares Ultra Silver (ETF) (NYSEARCA: AGQ) traded lower today, along with silver. AGQ slipped 2.98%, and it had a volume of 2.1M traded shares.
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.
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