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.
The Capacity Utilization Rate and Industrial Production numbers will be out Tuesday at 9:15 AM ET. The two reports can cause the EUR/USD market to move, making a trade opportunity.
The Iron Condor strategy can work here by trading two Nadex EUR/USD spreads, buying one and selling another. One could buy a spread below the market but with the ceiling where the EUR/USD market is trading at the time. One could also sell a spread above the market but with the floor where the EUR/USD market is trading at the time. Entry can be as early as 8:00 AM ET for 10:00 AM ET expiration. This strategy is good for when it is anticipated the market being traded will make a move and then pull back. If the market pulls back to where it was when it started to move and when the trade was entered, that is ideal. The profit potential for this trade is $30 or more combined between the spreads. Each spread should have a profit potential of around $15 or more. To view a larger image click HERE.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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