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.
EUR/USD was trading on a tight range awaiting the ECB Press Conference this morning. As the optimistic soundbites started emerging the EUR recovered some lost ground.
ECB President Mario Draghi turned around the EUR trend by emphasizing the positive effects of the LTRO program. Draghi also commented that he sees a drop in volatility indicators as more countries make progress on fiscal consolidation.
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Draghi reiterated the confidence in two of the main contributors to currency volatility. The ECB president praised Spain and Italy as they are on a good path
Here is a snapshot of OANDA client positions
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.