FXCM Continues To Rally


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.


FXCM Inc. (NYSE: FXCM) shares are trading higher by $5 at $16.10 in Monday's session. Since it reverse split on which became effective on October 1, it has rallied from its September 3- closing price ($8.30) to its current level.It should be noted it has not been straight up. after the reverse split it dipped to $5.26 on December 11 before embarking on its rally. After the close on the 11th, the company announced a $130M buyback plan which instigated nearly a $3 rally on December 14.On the adjusted basis, the issue is now trading at its highest level since it peaked in June at $17.60.

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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