Benzinga's Top ETF Decliners, March 14th (URA, EZJ, NLR, BAL)


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.


Global X Uranium ETF (NYSE: URA) dropped 17.38% on Monday as the Solactive Global Uranium Index traded lower after a series of incidents at the Fukushima nuclear plant. URA closed at $15.73, and it had a volume of 2.94M traded shares. Its average volume is 286K shares.

ProShares Ultra MSCI Japan (NYSE: EZJ) traded 14.20% lower today, and closed at $65.31. Toyota Motor Corporation (ADR) (NYSE: TM) fell 4.58% in the regular trading session, and it lost additional 2.36% in the after hours. Toyota (TM) announced that all of its domestic factories will be closed until Wednesday.

Market Vectors Nuclear Energy (ETF) (NYSE: NLR) fell 11.96%, and closed at $22.46. In the space, Cameco Corporation (USA) (NYSE: CCJ) slipped 12.73%, and Uranium One, Inc. (TSE: UUU) lost 27.68%.

iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE: BAL) traded lower today, along with cotton futures. BAL fell 3.96% in the regular trading session, and it dropped 1.49% in the after hours.


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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Posted In: Sector ETFsETFs