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.
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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ACTION ITEMS:
Bullish:
Traders who believe that the troubles facing UBS are mostly self inflicted might want to consider the following trades:
Traders who believe that falling profits at UBS could be a sign of things to come at other European banks may consider alternative positions:
Bullish:
Traders who believe that the troubles facing UBS are mostly self inflicted might want to consider the following trades:
- European banking giants Deutsche Bank AG (NYSE: DB) and Banco Santander (NYSE: STD) could be alternative investment options for traders who believe that Europe's banking stocks will recover from the last year's declines.
- The CurrencyShares Euro Trust (NYSE: FXE) and the iShares MSCI Europe Financials (Nasdaq: EUFN) could also post significant gains if the market regains confidence in the European banking system.
Traders who believe that falling profits at UBS could be a sign of things to come at other European banks may consider alternative positions:
- The ProShares UltraShort MSCI Europe (NYSE: EPV) and the ProShares UltraShort Euro (NYSE: EUO) are two ETFs that could benefit if falling banking profits aren't isolated to UBS.