July 27, 2016 3:08 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.
AUD/USD is trading at 0.7470, down 0.0043.The pair is trading choppy and just above the session lows after showing gains early in the session. Market chatter about Australian economic data has kept both buyers and sellers active. The Australian Bureau of Statistics reported that year over year consumer prices (CPI) rose 1.0 percent versus a rise of 1.3 percent in the previous quarter. It was the lowest inflation rate since the second quarter of 1999. On the quarter CPI increased 0.4 percent during the second quarter versus a decline of 0.2 percent in the first quarter. The Reserve Bank of Australia (RBA) Trimmed Mean CPI rose 1.7 percent year over year in the second quarter, the same as the first quarter. Quarter over quarter, the Trimmed Mean CPI increased 0.5 percent, up from 0.2 percent in the first quarter.
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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