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.
It was difficult to be bearish with the last quarter of the year finishing green! In our last Benzinga article, we talked about the possibility of reaching All Time Highs by the new year... that ended up being pretty fair timing!
That said, we will continue to monitor the quarterly chart for changes, and continue with the trend. There still is the possibility of a "running flat" wave B in the works, so keep an eye out for any interesting headlines in the next few months, otherwise, wave 5 may continue!
It is difficult to be bearish until this weekly channel breaks down.
Check out the video here for more information:
Dr. John
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.
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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