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 higher by $1.80 at $42.16 in Tuesday's session. Once again, rumors of production cuts have sent the contract soaring.
As the issue was hovering just above unchanged ($40.36), the rumor hit the wires and exploded to the upside. It quickly sliced through the remainder of the $40 handle and worked its way through the $41 handle before finding intra-day resistance at $42.25. That is just shy of its March 18 high of $42.49. Since making that high, it has refused to fall back under $42.
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.
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