August 17, 2012 8:52 AM | 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.
Invesco's (NYSE: IVZ) PowerShares unit, the fourth-largest U.S. ETF issuer, has filed plans with the Securities and Exchange Commission to possibly introduce the PowerShares S&P 500 Downside Hedged Portfolio (NYSE: PHDG). The new ETF will track the S&P 500 Dynamic VEQTOR Index and invest in S&P 500 stocks as well as CBOE Volatility Index instruments such as the VIX. PHDG will also invest in money market instruments, cash and cash equivalents.An
SEC filing for the new fund did not include an expense ratio. PHDG will be actively managed. PowerShares has introduced five new ETFs in 2012 with the most recent being the PowerShares DWA SmallCap Technical Leaders Portfolio (NYSE: DWAS), which debuted in July.
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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