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 Jeff Pierce
A McClellan Oscillator barely clinging to a positive close, a diamond topping pattern forming on the heels of a major run being forced upon the market by the resolution to the Fiscal Cliff –> markets feel toppy, bottom line. I continue to stress booking profits and reducing long exposure at this time until new highs are made.
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Negative divergence
Gold is in a wedge right now with support holding but it's impossible to say which way this chart is gonna go. My best guess is down because that's the prevalent trend and I personally think Gold is going to revisit the $1200′s before it makes new highs. Before you call me crazy I was saying Apple was going to see the low $400′s (and possibly below that) when it was in the 600′s.
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.