February 7, 2012 6:46 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 China Bull 3x Shares ETF (NYSEARCA: YINN) dropped 6.51% on Tuesday as China Life Insurance Company Ltd. (ADR) (NYSE: LFC) fell 2.81%, and Ctrip.com International, Ltd. (ADR) (NASDAQ: CTRP) lost 1.91%.ProShares Ultra DJ-UBS Natural Gas (NYSEAMEX: BOIL) slipped 6.25% today, and closed at $13.19. Natural gas traded lower on concerns of weaker demand as forecasts indicate that cold weather is going to last through early next week. ProShares UltraShort Silver (ETF) (NYSEARCA: ZSL) fell 3.79%, and it closed at $9.90 as silver traded higher. ZSL had a volume of 7.60M traded shares, and its average volume is 7.03M shares. ProShares UltraShort DJ-UBS Crude Oil ETF (NYSEARCA: SCO) traded 3.32% lower today, and it closed at $38.38. Crude oil jumped well above $98.50 as Iran threatened to cut off supplies of oil to Europe.
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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