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.
Once again, the major stock indexes rallied higher after a quick decline in the first hour of the trading session. This same pattern seems to be repeating nearly every trading day since late December 2011. Many traders and investors are now looking for this pattern to occur on a daily basis before the noon hour.
The trading volume on all of the major stock indexes remains extremely light and this will usually favor the upside in the stock market. This afternoon, the SPDR S&P 500 Trust (NYSEARCA:SPY) is trading just 88 million shares as of 3:20 pm EST. In early December 2011, the daily average volume on the SPY was around 230 million shares a day.
Nicholas Santiago
InTheMoneyStocks.com
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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