Crude Futures Lower For Third Day In A Row - United States Oil Fund (ARCA:USO)

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.

May Crude Oil futures are trading lower by $1.12 at $38.67 in Thursday's session. After beginning the week above the $40 level, it is now over $1 from that key psychological level.The decline from the end of Wednesday's session has continued into today's session. In fact, it has not even seen its closing price ($39.79), peaking at $39.77 in after-hours trading.The ensuing decline has found support ahead of its March 16 ($38.07) low, only reaching $38.33 before rebounding to its current level.

27% profits every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!