March 27, 2012 7:11 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.
VelocityShares Daily Inverse VIX Short Term ETN (NYSEARCA: XIV) dropped 9.81% on Tuesday, and it closed at $12.05. XIV broke its two day winning streak today.Direxion Daily Gold Miners Bull 3X Shares (NYSEARCA: NUGT) fell 4.40% today as Kinross Gold Corporation (USA) (NYSE: KGC) slipped 3.04%, and NovaGold Resources Inc. (USA) (NYSEAMEX: NG) lost 3.79%.Market Vectors Junior Gold Miners ETF (NYSEARCA: GDXJ) dropped 3.19%, and it closed at $24.89. Like XIV, GDXJ also broke its two day winning streak in today's trading session. Direxion Daily Energy Bull 3X Shares(ETF) (NYSEARCA: ERX) traded 2.93% lower as Schlumberger Limited (NYSE: SLB) plunged 3.37%, and Cameron International Corporation (NYSE: CAM) slipped 2.88%.
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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