July 13, 2010 5:42 AM | 1 min read
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.
Here is the ETF Professor's ETF Watch List for Tuesday July 13, 2010.Play earnings from Alcoa (NYSE: AA) and CSX (NYSE: CSX) with the Industrial Select Sector SPDR (NYSE: XLI) and the iShares Dow Jones Transportation Average (NYSE: IYT).With some glum news out of China overnight, the UltraShort FTSE/Xinhua China25 Proshares (NYSE: FXP) is one to put on your list on Tuesday.The Direxion Daily Emerging Markets Bear 3X Shares (NYSE: EDZ) is another emerging markets ETF to watch.The Market Vectors Steel ETF (NYSE: SLX) was down more than 3% on Monday.With oil looking weak overnight, try the PowerShares DB Crude Oil Double Short ETN (NYSE: DTO).On news of Portugal's debt downgrade, the UltraShort Euro ProShares (NYSE: EUO) will be in play.With small-caps continuing to look weak, keep an eye on the Direxion Daily Small Cap Bear 3X Shares (NYSE: TZA).
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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