February 1, 2012 7:27 PM | 1 min read
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.
Direxion Daily Russia Bull 3x Shares (NYSEARCA: RUSL) led the gainers among the ETFs on Wednesday, with an increase of 9.25%. RUSL closed at $48.64, and it had a volume of 68K traded shares. ProShares UltraShort DJ-UBS Natural Gas (NYSEAMEX: KOLD) gained 6.76% as natural gas continued to trade lower. This was the third trading session in a row that KOLD closed higher. Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSEARCA: EDC) jumped 6.71% today, and it closed at $107.34. Vale (ADR) (NYSE: VALE) is a component of the MSCI Emerging Markets Index, and it added 3.00%.Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA: SOXL) traded 6.58% higher on Wednesday as Broadcom Corporation (NASDAQ: BRCM) spiked 8.09%. Broadcom Corporation (BRCM) reported better than expected earnings today.
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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