May 29, 2015 10:55 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.
S&P 500 index futures are lower 11 points at 2110.75 in Friday's session. During pre-market trading, the index matched Thursday's high at 2122.75 and spent much of the pre-market session in the red.Off the open of the regular session, it immediately found resistance at 2118.75 and has traded passed Thursday's low (2112), but found support ahead of Wednesday's low (2110.50) at 2111.25.Eight of the top 10 stocks in the index are in the red with
Procter & Gamble Co (NYSE: PG) leading the way on the downside trading lower by $0.80 at $78.53.
Apple Inc. (NASDAQ: AAPL) shares were lower by $1.07 at $130.71. Only
Exxon-Mobil Corporation (NYSE: XOM) and
Pfizer (NYSE: PFE) were in the green.
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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