SLV Goes Crazy Into The Close (SLV)


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.


It is obvious that traders continue to aggressively buy any weakness in the silver market, as the iShares Silver Trust ETF (NYSE: SLV) has recouped all of its losses from yesterday's high volume shakeout and is going to close on the highs heading into the weekend. SLV is up 4.38% on Friday and has been seeing significant inflows in afternoon trading. If this isn't already obvious...I will say it again - something is afoot in the silver market. Take note.

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.


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Posted In: Intraday UpdateMoversETFs