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.
Investor sentiment improved during September even as the S&P 500 retreated from a record high, according to an aggregate of account holdings at TD Ameritrade. Inc.
The company's Investor Movement Index, which tracks investor positions and activity, reached its third-highest level since the measure began four years ago.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Clients of the online broker, a unit of TD Ameritrade Holding Corp., were net buyers overall in September.
Apple Inc. (NASDAQ: AAPL) and Yahoo! Inc. (NASDAQ: YHOO) were popular buys: Apple released its much-anticipated iPhone 6, while Yahoo was popular for its investment in Alibaba Group Holding Ltd.
Clients were net sellers of Facebook Inc (NASDAQ: FB), Intel Corporation (NASDAQ: INTC), and Amazon.com, Inc. (NASDAQ: AMZN) as well as the financial sector's Citigroup Inc (NYSE: C) and Bank of America Corp (NYSE: BAC).
The equity markets saw volatility during the month, with the NASDAQ Composite starting September at its highest level ever, only to close the month 2 percent lower.
The S&P 500 and the Dow Jones Industrial Average both reached new highs during the third week of the month but later retreated, with the Dow finishing the month near where it started and the S&P 500, finishing 1 percent lower.
Small caps stocks measured by the Russell 2000 had an even larger decline of 5 percent.
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.