July 30, 2010 12:28 PM | 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.
DuPont (NYSE: DD) posted strong results, but its impact on the market was negated by depressed consumer confidence data. Art Cashin, director of floor operations at UBS Financial Services (NYSE: UBS), told CNBC, “The DuPont numbers were just terrific and that’s what’s giving us a bit of a boost. Yesterday’s numbers encouraged the markets, but it came with a couple of asterisks because it was a bounce, but it was a bounce from the lowest level in 50 years, so you’ll need more than one bounce to get it moving. So we’ll keep checking the numbers throughout the week.” He also urged the government to work towards helping small businesses.Learn how to find the best
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.
for free.
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