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.
The U.S. Global Jets ETF (NYSE: JETS) has risen just two-thirds of a percent since coming to market on April 30, a disappointing performance when considering the United States Oil Fund (NYSE: USO) is lower by 25.3 percent over the same period.
Tumbling oil prices often spark airline shares higher because fuel is the largest input cost for airlines. Honing in on a more recent time frame, JETS, which is home to roughly 30 stocks, is benefiting from lower oil prices. As USO has shed 13.5 percent over the past month, JETS has surged 9.4 percent. That is a clear sign that markets are pricing in the positive impact of lower oil prices on airlines' bottom lines, but there are other reasons to think the recent ascent for JETS could be in its nascent stages.
“
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!