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.
Japanese stock markets opened lower on Tuesday. The Nikkei 225 dropped 0.12 percent, or 20.50 points to 17,404.50, and the TOPIX declined 0.32 percent, or 4.4 points to 1,388.67.
The U.S. dollar declined versus the Japanese yen ahead of the Bank of Japan policy decision. The U.S. Federal Reserve will announce its policy decision on Wednesday, while the employment report will be released on Friday. The greenback slipped 0.1 percent to 104.74 yen against the yen.
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The final reading of manufacturing PMI rose to 51.4 in October, compared to 50.4 in the prior month.
West Texas Intermediate for December delivery rose 0.15 percent to trade at $46.93 per barrel on the NYMEX.
U.S. markets closed lower overnight, with the Dow dropping 0.1 percent to 18,142.42, and the NASDAQ declining 0.02 percent to 5,189.13.
Top market movers among the Japanese market are as follows:
- Shares of Altech Co Ltd (9972) climbed over 28 percent to 183.0 JPY.
- Placo Co Ltd (6347) shares rose around 28 percent to 96.0 JPY.
- Asti Corp (6899) shares increased over 21 percent to 374.0 JPY.
- F.C.C. Co Ltd (7296) shares dropped around 15 percent to 1,952.0 JPY.
- Vega Corporation Co Ltd (3542) shares fell 12 percent to 3,275.0 JPY.
- Medipal Holdings Corp (7459) declined over 11 percent to 1,588.0 JPY.
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.