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.
Some analysts and investors believe the market will start to trend lower. They argue there are headwinds such as inflation. Some also suggest that considering the markets have moved higher, it is overdue for some profit-taking.
Fortunately for investors, there are ways to hedge portfolios against a downturn. There are even ways to profit. This can be done with inverse ETFs. These ETFs are structured to move in the opposite direction of the markets.
One of them is the ProShares UltraPro Short QQQ ETF (NASDAQ:SQQQ). This ETF uses leverage and is designed to move by a factor of three inversely to the NASDAQ 100 Index. For example, if the Index falls by 2%, SQQQ should rally by about 6%.
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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