December 2, 2010 7:13 AM | 1 min read |
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.
The Taiwanese stock market had another strong performance during Thursday trading, with the Taiwan Capitalization Weighted Stock Index hitting a 52-week high of 8,641.13.The Taiwan Capitalization Weighted Stock Index, or the TSEC weighted index, opened well above the previous trading day's close of 8,520.11 and continued to climb during early trading hours, before losing some of its gains and ending the day up 65.66 points, or 0.77%, at 8,585.77.The TSEC weighted index traded between 8,572.65 and 8,641.13.Along with other Asian stock markets, the rise of the TSEC was fueled by improving job data from the United States, as well as the International Monetary Fund's plans to help deal with the Euro Zone debt crisis.Investors who would like to invest in Taiwanese equities might want to consider the iShares MSCI Taiwan Index Fund (NYSE: EWT), which seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the Taiwanese markets, as measured by the MSCI Taiwan index.Read more
from Benzinga's ETF news.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.