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 futures are trading higher by 24 at 2083 in Monday's session. The rally from the pre-market session that was instigated by increased speculation that Britain will not exit the EU has carried over into the regular session.
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.
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So far, the index has rallied passed its June 13 high (2089.25) but has found some intra-day resistance at 2092.50 and has retreated into the mid-2080 handle.
All of the top 10 components of the index are in the green. Leading the way on the upside is Amazon.com, Inc. (NASDAQ: AMZN) shares, which are trading higher by $11.23 at $717.62. It's followed by General Electric Company (NYSE: GE) shares, which are trading higher by $0.40 at $41.