Gold Futures Higher - SPDR Gold Trust (ARCA:GLD)

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.

Gold futures are trading higher by $11 at $1138.10 in Wednesday's session. After a higher open, it retreated and found support under Tuesday's close ($1127.20), reaching $1124.80 before resuming its rally.So far, it has surpassed its former high for the move ($1131.50), reaching the $1140 handle. It's now approaching its November 2 high ($1142.80). The rolling contract for Gold has not closed above $1140 since October 30, when it ended the session at $1141.50.

27% profit every 20 days?

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