February 6, 2012 5:26 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.
ProShares Ultra DJ-UBS Natural Gas (NYSEAMEX: BOIL) spiked 5.16% on Monday, and it closed at $14.07. Natural gas futures traded higher on the expectation of colder weather in the US. Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA: SOXS) gained 3.43% today as Advanced Micro Devices, Inc. (NYSE: AMD) fell 2.26%, and Broadcom Corporation (NASDAQ: BRCM) lost 1.42%.Direxion Daily Energy Bull 3X Shares(ETF) (NYSEARCA: ERX) jumped 3.40%, and it closed at $54.47. In the energy space, Sunoco, Inc. (NYSE: SUN) gained 3.35%, and Cameron International Corporation (NYSE: CAM) added 2.56%.ProShares UltraShort FTSE/Xinhua China 25 (NYSEARCA: FXP) traded 3.04% higher on Monday as CNOOC Limited (ADR) (NYSE: CEO) dropped 1.89%, and China Mobile Ltd. (ADR) (NYSE: CHL) slipped 1.41%.
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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