October 21, 2014 3:12 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.
The ICSC-Goldman Store sales were lower in the October 18 week, down 0.3 percent from the previous week and the lowest rate since May. Strength was seen in electronic and apparel stores, and a positive outlook for holiday spending was given based on lower gasoline prices.Redbook painted a more upbeat picture of retail sales, as cool boosted apparel sales in the October 18 week. This helped move Redbook's same-store sales to 4.1 percent versus 3.8 percent in the prior week. The report mentions Halloween falls on a Friday this year, a benefit to last minute holiday shopping. October is tracking flat to September at only a plus 0.1 percent month-to-month gain.Shares in the Retail ETF (NYSE: RTH) are up 1.95 percent at 63.01.
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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