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.
Jim Strugger suggested on Bloomberg Markets a hedging strategy in NVIDIA Corporation (NASDAQ: NVDA).
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He said that investors with a long position in NVIDIA should sell the February 120 call and buy the February 95 put. With this options structure, the long stock position is protected below $95 or 17.29 percent below current market price. Gains are capped at $120 or 7.69 percent above current price.
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.