January 21, 2016 7:02 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.
Frank Holmes Of U.S. Global Investors spoke on
CNBC about his top picks in current market environment.He revealed that his company has a long position in gold. He noticed that gold companies had great returns in Australia and Canada and he believes that they have been a safe place. The airline stocks have also been a safe place. They had a record free cash flow in the industry because of low crude oil prices. The trend is going to continue in 2016 and he thinks that the sector is going to have attractive returns. He is trading the airlines sector with
U.S. Global Jets ETF (NYSE: JETS), but he also owns
Alaska Air Group, Inc.(NYSE: ALK) and Air China.Holmes thinks that the energy sector could bottom in the Q1, after the energy companies report write downs. He added that companies with low debt could do well.
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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