March 7, 2012 6:25 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 Bear 3x Shares (NYSEARCA: RUSS) dropped 5.94% on Wednesday, and it closed at $20.44. RUSS broke its two day winning streak today. VelocityShares Daily 2x VIX Short Term ETN (NYSEARCA: TVIX) fell 5.27% in today's trading session. TVIX closed at $16.18, and it had a volume of 8.03M traded shares. ProShares Ultra DJ-UBS Natural Gas (NYSEARCA: BOIL) lost 4.72% today as natural gas continued its downtrend. Weather forecast had a negative impact on natural gas prices as investors expect above average temperatures in the second half of March.Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA: SOXS) traded 4.46% lower today as Advanced Micro Devices, Inc. (NYSE: AMD) gained 3.91%, and Broadcom Corporation (NASDAQ: BRCM) added 2.93%.
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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