Technical Alert: Finding Resistance In YY After Inititaon Of Coverage By JP Morgan


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.


  • $52.91 - August 16 high
  • $52.29 - August 18 high
  • $51.96 - Intraday high as of 1:09 PM
  • $51.90 - Current price as of 1:09 PM
  • $48.60 - Intraday low as of 1:09 PM
  • $48.07 - Tuesday close

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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.


Posted In: TechnicalsIntraday UpdateMoversTrading Ideas