March 6, 2012 6:04 PM | 1 min read |
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.
Direxion Daily Russia Bull 3x Shares (NYSEARCA: RUSL) fell 16.95% on Tuesday, and it closed at $47.54. RUSL had a volume of 100K traded shares, and its average volume is 63K shares.Direxion Daily China Bull 3x Shares ETF (NYSEARCA: YINN) lost 10.85% today as PetroChina Company Limited (ADR) (NYSE: PTR) dropped 3.62%, and Yanzhou Coal Mining Co. (ADR) (NYSE: YZC) traded 5.39% lower.ProShares Ultra MSCI Brazil (NYSEARCA: UBR) plunged 7.23%, and it closed at $24.77 as Petroleo Brasileiro SA (ADR) (NYSE: PBR) lost 4.39%. Direxion Daily Gold Miners Bull 3X Shares (NYSEARCA: NUGT) slipped 6.89%, and in the space, Barrick Gold Corporation (USA) (NYSE: ABX) fell 2.20%, and AngloGold Ashanti Limited (ADR) (NYSE: AU) dropped 2.64%.
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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