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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I am using a 5% allocation; I'll be out of part of it before end of day due to size. Using November SPY 123 puts.
Tons of reversal this morning in the Chinese junk stocks that have been rallying non stop for 5-6 weeks.
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Frankly there is no way a market should reverse down like this, and then reverse back up at the end of the day but I expect the unexpected in the abnormal market.
Long SPY Puts in fund; no personal position
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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.