January 3, 2013 10:39 AM | 1 min read |
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.
By 10:34 am, the Dow Jones Industrial Average was down 25.19 points, or 0.19%, to 13,387.36, while the broader Standard & Poor's 500 index had dropped 1.62 points, or 0.11%. The NASDAQ composite index fell 2.10 points, or 0.07%. Some of the narrow based indexes that are still afloat in the markets are Chinese Solar Stocks, which have gained 6.2%, Solar Stocks, up 4.2%, and Dry Bulk Shipping Stocks, moving 4.2% higher as a group.In Tickerspy's
Chinese Solar complex, Hanwha SolarOne Co (NASDAQ: HSOL) had surged 16.4%. Hanwha SolarOne's trailing-twelve-month revenue is $611.61 million.The best performing Tickerspy
Solar stock has been SunPower (NASDAQ: SPWR), which was up 28.1%. SunPower sold two solar projects to MidAmerican Energy Holdings Co.FreeSeas (NASDAQ: FREE) is today's leading Tickerspy's
Dry Bulk Shipping stock, gaining 16.9%. FreeSeas shares have dropped 82.98% over the past 52 weeks, while the S&P 500 index has gained 14.16% in the same period.
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.
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