27% profits every 20 days?
This is what Nic Chahine averages with his options 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 Baltic Dry Goods Index, has had a rather difficult year. The index on a year to date (YTD) basis is down approximately 44%.
This is a critical assessment; as “Changes in the Baltic Dry Index can give investors insight into global supply and demand trends.” The delta is considered a leading indicator--with rising values indicating growth; and decreasing values indicates as a contraction.
On a macro scale, this is critical; because as the data on the index i carefully observed: we find a startling fact. The index has had a major move to the upside in the past month. For October 2014, the index is up a respectable 20%; and, in the last two weeks, BDIY is up from the lows of 930, to post a 38% gain.
Naturally, such a should fuel a move to the upside of to the upside of Dry Bulk Shippers; BUT, a cursory look yields surprising results.
| Symbol | Equity | October Return |
| KIRBY CORP | -4.89 | |
| COSTAMARE INC | -7.63 | |
| MATSON INC | 12.50% | |
| INTL SHIPHOLDING CORP | 11.86% | |
| NAVIOS MARITIME PARTNERS LP | -9.41% | |
| ULTRAPETROL BAHAMAS LTD | -5.43% | |
| SAFE BULKERS INC | -15.14% | |
| SEASPAN CORP | -5.42% | |
| DIANA SHIPPING INC | -4.20% | |
| DRYSHIPS INC | -35%
|
So, the next follow up question shoould be: "Will these dry bulk shippers make a substantial move to the upside in the coming weeks?" Time will tell.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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