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.
Indian stock markets opened lower on Friday. The S&P BSE Sensex dropped 105.13 points to 26,122. The 30-share index touched a high of 26,272.84 in morning trade. The Nifty50 fell 0.31 percent to 8054.55, after touching a high of 8,104.65 in morning trade.
The S&P BSE Midcap Index rose 0.22 percent, while the BSE S&P Smallcap Index declined 0.09 percent.
The Indian rupee fell around 31 paise to trade at 68.13 versus the U.S. dollar on Friday.
3M India , Visa Steel and NHP C are scheduled to report their quarterly financial results on Friday.
Direxion Daily India Bull 2X Shares (NYSEARCA: INDL) rose 0.42 percent to close at $42.74 on Thursday, while PowerShares India Portfolio (ETF) (NYSEARCA: PIN) gained 0.11 percent to close at $18.85.
US stock markets closed higher overnight, with the Dow Jones Industrial Average gaining 0.19 percent, the S&P500 index surging 0.47 per cent, and the Nasdaq Composite rising 0.74 percent.
US WTI crude futures on the NYMEX dropped 0.96 percent to trade at $45.54 per barrel.
Top market movers among the BSE index are as follows
- Capital Trade Links Ltd. rose about 19 percent to 53.90 INR.
- Wallfort Financial Services Ltd. rose 18 percent to 50.00 INR.
- Swastika Investmart Ltd. shares surged 18 percent to 65.00 INR.
- Kilburn Chemicals Ltd. shares gained around 15 percent to 25.35 INR.
- Ankush Finstock Ltd dropped around 20 percent to 11.28 INR.
- Oasis Tradelink Ltd. fell around 20 percent to 54.50 INR.
- Monnet Project Developers Ltd. slipped 19 percent to 12.00 INR.
- Kilburn Chemicals Ltd. shares declined 16 percent to 32.15 INR.
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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