Rally In Crude Saves S&P 500 Index Futures From Abyss - SPDR S&P 500 (ARCA:SPY), Global X Funds Global X Dow 30 Covered Call ETF (ARCA:DJIA)

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.

S&P 500 index are in upward vacuum rallying over 25 handles from its intra-day low of 1805. Rumors of cuts in oil production by OPEC instigated a $1 rally in Crude Oil, taking it from its $26.05 low into the $27 handle.The intra-day high in the index stands at 1933.50. In order to reach the lower-end of Wednesday's session, the index would need to reach 1838.50.

27% profit every 20 days?

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