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.
As you can see from the Big Chart, we've been up and down and over and out and each time we find ourselves flat on our our face we pick ourselves up and get back in the race – that's the markets…
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"You're riding high in April and shot down in May" are the lyrics from the Sinatra song and that is, indeed, life in the markets so we'd be foolish not to have any hedges – just in case – and we rolled ours yesterday to guard against a May drop-off but, as I reminded our Members yesterday, in this crazy market – we need our upside hedges too:
DBA was one of our "Five Inflation Fighters Set to Fly" (Part 1 and Part 2) from the 20th and ALSO was one of our "5 Trade Ideas that can make 500% in an Up Market" along with CLF, X, ABX and our 1,844% upside plays that was long AAPL and the Qs (going well so far, thank you very much!). I don't make posts like this very often, they are essentially when I'm making major top and bottom calls and, historically, they've done very well.
If you haven't had a chance to pick up some bullish plays recently, these 10 ideas are good places to start!
We don't know for sure which way the markets will go. On the whole, we're still playing this for a short-term correction but long-term bullish as it seems inevitable that this Tsunami of cash flying out of now all 3 major Central Banks will eventually be the rising tide that lifts all equities. This morning, in our early Member Chat session, I noted:
Europe up about 0.25% and, if we take Draghi at his word – how can we short anything? Where else is there to put money but US equities if
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.