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.
ACTION ITEMS:
Bullish:
Traders who believe that advance retail sales are a leading indicator for the US economy, you might want to consider the following trades:
Traders who do not believe that retail sales are a leading indicator for the general US economy, you may consider alternative positions:
Bullish:
Traders who believe that advance retail sales are a leading indicator for the US economy, you might want to consider the following trades:
- Long general retail companies like JC Pennny (NYSE: JCP) because they will likely benefit when general retail conditions are favorable, and visa versa.
- Also, long Consumer Discretionary companies like Target (NYSE: TGT) or the Consumer Discretionary ETF (NYSE: XLY)
Traders who do not believe that retail sales are a leading indicator for the general US economy, you may consider alternative positions:
- Long Consumer Staple companies like Procter & Gamble (NYSE: PG) and Colgate (NYSE: CL) because even if retail conditions are unfavorable, consumers still need to buy staple products like shampoo and toothpaste.
- Also, short big-ticket appliance makers like Whirlpool (NYSE: WHR) if advance retail sales are worse than expected.
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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