November 23, 2015 10:26 AM | 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.
S&P 500 index futures are trading higher by three points at 2091.75 in Monday's session. The index is approaching Friday's high of 2094.50. The morning decline in the index found support ahead of its pre-market low (2082), reaching 2084.50.Most of the top 10 components of the index are in the red. Leading the way on the downside is
JP Morgan (NYSE: JPM) shares which are trading lower by $0.21 at $67.33. It is followed by
Facebook Inc (NASDAQ: FB) shares which are trading lower by $0.29 at $107.03.Leading the way on the upside is
Amanzon.com, Inc. (NASDAQ: AMZN) shares up $10.80 at $679.25.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.Do you like this article? Do you have suggestions for improvement? Please email feedback@benzinga.com
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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