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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Notable Comments
The blog offered the following notable comments from the brief survey:"We could read these numbers many ways. We could say if Apple sells watches to 26% of iPhone users they will have a huge hit on their hands. But I don't think we can extrapolate from the AVC community to the broader market. This is a geeky early adopted crowd.""We could note that there are almost as many people in the maybe category as the yes category. Apple has a huge opportunity to convince people over time to get a watch. I think how the maybe crowd breaks over the next year will be the single most important thing to watch in the watch category (pun intended).""Finally its quite interesting to note the relative apathy among the youngsters. We also saw them making fun of the watch in the comments. I see the same thing with my kids and their friends who are in the 18-24 crowd. It makes me wonder if the youth culture is mystified when it comes to watches or weather this is just a money thing. Maybe they see the price tag differently than older people with more disposable income.""In any case, its clear that Apple is going to sell a lot of version 1.0 watches. There is real interest and demand out there. Whether we will all be wearing them in six months is another question."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.