Crude Oil Breaches $30, Attempts To Rebound - United States Oil Fund (ARCA:USO)

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.

March Crude Oil futures are trading lower by $0.60 at $30.29 per barrel in Monday's session. Earlier in the session, it reached $29.57 and has rebounded back into the $30 handle.The current low coincides with a pair of lows from February 2 ($29.57) and February 3 ($29.40). In order to avoid a three-day losing streak, it must close above $30.89.

27% profit every 20 days?

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