November 8, 2010 6:17 PM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
iPath Dow Jones-UBS Natural Gas Subindex Total Return ETN (NYSE: GAZ) traded 8.12% higher as natural gas prices continued to move higher. This was the second trading session in a row that GAZ traded higher.ProShares Ultra Silver (ETF) (NYSE: AGQ) jumped 7.06%, and closed at $132.37. AGQ continued to move higher along with silver futures. On Monday, AGQ closed at $132.37, and had a volume of 1.23M traded shares.iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE: BAL) spiked 5.10% on the strength in cotton. This was the seventh consecutive trading session that BAL closed in the positive territory. Market Vectors Nuclear Energy (ETF) (NYSE: NLR) jumped 3.90% today, and closed at $24.79. In the nuclear energy industry, Cameco Corporation (USA) (NYSE: CCJ) spiked 7.46%, and had a volume of 5.95M shares.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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