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.
Breadth today is quite weak, but we are already 10 points higher premarket. One of our trenders is neutral and one bearish as we continue to get chopped in 2-4% moves. Very turbulent and not the type of market conducive to setting up a bull market.
Our Zweig index is lower, but certainly recoverable. The bulls need to bend this index up and above that 56 area.
The CVI is also not making a lower lower, so this is neutral to bullish still.
The 40 DPI is in the same state:
The NH/NL is even more bullish:
Trenders, however, are turning to the bear side:
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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