January 26, 2012 8:02 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.
ProShares Ultra DJ-UBS Natural Gas (NYSEAMEX: BOIL) dropped 10.63% on Thursday as the Energy Information Administration report showed bigger than expected inventories of natural gas in the US.Direxion Daily Energy Bull 3X Shares(ETF) (NYSEARCA: ERX) lost 4.19%, and in the energy space, Cameron International Corporation (NYSE: CAM) fell 2.31%, and Hess Corp. (NYSE: HES) dropped 4.05%.Direxion Daily 20+ Year Treasury Bear 3X Shares (NYSEARCA: TMV) slipped 3.94% today, and it closed at $73.61. TMV had a volume of 263K traded shares, and its average volume is 408K shares. Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA: SOXL) traded 3.09% lower on Thursday as Broadcom Corporation (NASDAQ: BRCM) fell 1.40%, and Texas Instruments Incorporated (NASDAQ: TXN) lost 1.34%.
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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