April 17, 2015 2:34 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.
Twitter Inc (NYSE: TWTR) shares are trading lower by $1.65 at $50.38 in Friday's session. Since clearing the key $50 resistance level on April 6, it quickly added another $3 before putting in a pair of highs just under the $53.50 level on April 7 ($53.28) and April 8 ($53.49).Since that day, it has traded in a narrow trading range from $50.68 to $52.99, before breaching the lower end of the range in today's session, reaching $50.32. That marks the lowest level for the issue since it bottomed on April 6 ($49.87).It has not closed under $50 since March 30, when it ended the session at $49.89.
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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