January 16, 2015 7:20 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.
Europe's Euro Currency, EUR/USD is trading at 115.89 down 0.0047. Trading is extremely choppy. Chatter is about ECB policy and possible ratings agency updates on Germany and Greece is being talked about. Moody's may publish rating update on Ireland during the U.S session. Greek Banks are were nearly 5 % in Europe in early trading. Lots of Talk from ECB officials about QE and chatter about the France terror situation is in on the table. EMU the core inflation was revised down from +0.8% y/y to a preliminary +0.7% y/y. IFO Data in Germany came in at 101.4 from 101.1 Current conditions were 109.8 from 110.0. Chatter about the fall out from the SNB move yesterday persists and some Forex brokers are in financial trouble.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.