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
FENG caught my eye as to how strong it has been on the daily chart (screaming RSI is very bullish).
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I wouldn't chase it at current levels, but if it pulls back 15 – 20% from Friday's close, and it does so on semi low volume combined with a market that continues to trade down to sideways, I would consider this a buy on the pull back.
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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.