November 30, 2015 1:59 PM | 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.
Amazon.com (NASDAQ: AMZN) shares are trading lower by $1 at $672.36 Despite a surge of online buying over the weekend, the issue is in the red.After a higher open. it found resistance near$680 handle for the third in a row and the fourth time in tht last five sessions. The recent being Wednesday, when it peaked at $679.70 and Friday when it peaked at $680.99. The rally off the open ended just above the aforementioned levels at $681.29,The ensuing decline has found intraday support at $666 and has rebounded back into the $670 handle.
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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