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.
US Airways Group Inc (NYSE: LCC) has formed a bottoming tail on the daily chart after hitting the 200 moving average. This signals a high likelihood of a near term bottom in the stock.
Just days ago, the Department of Justice canned the merger between US Airways and American Airlines. This merger has long been in the pipeline and is obviously a big disappointment for the two companies. U.S. Airways dropped hard yesterday and early today.
Gareth Soloway
InTheMoneyStocks.com
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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