October 7, 2013 6:03 AM | 1 min read |
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.
Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for September 2013 was 1,284, up 17 from the 1,267 counted in August 2013, and up 30 from the 1,254 counted in September 2012. The international offshore rig count for September 2013 was 313, up 4 from the 309 counted in August 2013, and up 20 from the 293 counted in September 2012. The average U.S. rig count for September 2013 was 1,760, down 21 from the 1,781 counted in August 2013, and down 99 from the 1,859 counted in September 2012. The average Canadian rig count for September 2013 was 387, up 19 from the 368 counted in August 2013, and up 32 from the 355 counted in September 2012.The worldwide rig count for September 2013 was 3,431, up 15 from the 3,416 counted in August 2013, and down 37 from the 3,468 counted in September 2012. September 2013 Rotary Rig Counts September 2013MonthAugust 2013September 2012LandOffshoreTotalVarianceLandOffshoreTotalLandOffshoreTotalLatin America3198540453188139933180411Europe8851139-488551437846124Africa8435119-693321258424108Middle East*33742379173174536233645381Asia Pacific14310024351429623813298230International9713131,284179583091,2679612931,254United States1,695651,760-211,720611,7811,808511,859Canada38253871936443683541355North America2,077702,147-22,084652,1492,162522,214Worldwide3,0483833,431153,0423743,4163,1233453,468*The Middle East rig count excludes rigs in Syria for August and September 2013. About the Baker Hughes Rig CountsThe Baker Hughes Rotary Rig Counts are counts of the number of drilling rigs
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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.
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