February 25, 2011 9:59 AM | 1 min read |
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.
The Oil Services Holders Trust(NYSE: OIH) is trading higher by $1.08 to $159.78 a share this morning. This is a slight up-tick today after a three day slide from the $165.00 high made on February 22, 2011. Traders can watch for intra-day resistance around the $160.50 and $161.80 levels. Both areas could see intra-day pullbacks.Schlumberger Ltd.(NYSE: SLB) is trading trading higher this morning by $1.08 to $90.73 a share. This stock should have intra-day resistance around the $91.75 level. Traders should watch for an intra-day pullback around that level.Halliburton Co,(NYSE: HAL) is moving higher this morning by 0.42 cents to $45.97 a share. This stock should face intra-day resistance around the $46.50 area. Trader must watch for an intra-day pullback from this level.Nicholas SantiagoInTheMoneyStocks.com
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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