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.
I expected to see breadth beaten up and was planning on doing an early release, but in fact, we continue to hold pretty nicely. I wanted to see overnight market action to add to my comments and the markets have slid sideways in a narrow range.
The Zweig was hardly touched, the bottom line looks very defended. I wanted to get to the oversold area which now seems very far away.
A little downside break on the CVI”
Same pattern on the 40 DPI:
NHs/NLs sitting on the 50 line. It is all about bearish follow-through today:
Trenders remain bullish neutral:
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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