March 30, 2011 9:49 AM | 2 min read |
Indian stocks climbed higher for the seventh straight trading session on Wednesday, as an inflow of foreign funds, falling oil prices and a better outlook for inflation caused investors to continue putting their
money
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.
into Indian stocks.The Indian stock market also benefited from improved economic outlook in both the United States and Japan.The BSE SENSEX index of Indian stocks rose 169.38 points, or 0.89%, to end Wednesday trading at 19,290.18.There are several well-known Indian companies whose shares are easily purchased in the form of American Depositary Receipts (ADR) on the New York Stock Exchange.Wipro Limited (NYSE: WIT), Tata Motors Ltd. (NYSE: TTM), HDFC Bank Limited (NYSE: HDB) and Dr. Reddy's Laboratories Ltd. (NYSE: RDY) are a diverse group of Indian stocks that could see their share prices climb along with the Indian stock market's current momentum.There are also several ETFs available for investors who would like to take part in the Indian stock market's rise and would like to benefit from the reduced risk associated with investing in a portfolio of stocks.The WisdomTree India Earnings Fund (NYSE: EPI) is an
ETF that invests in a broad range of profitable Indian companies.The Market Vectors India Small-Cap ETF (NYSE: SCIF) is an ETF for who those want to take part in the higher growth associated with small cap stocks.Investors who prefer the relative stability of large cap stocks might decide that the iShares S&P India Nifty 50 Index (Nasdaq: INDY) ETF better matches their investment goals.Investors who are bullish on India need look no further than the Direxion Daily India Bull 2X Shares (NYSE: INDL) ETF.For investors who think that the Indian stock market is headed for a fall, the lightly traded Direxion Daily India Bear 2X Shares (NYSE: INDZ) ETF may be worth a look.If oil prices reverse direction and head higher, the iPath S&P GSCI Crude Oil TR Index ETN (NYSE: OIL) would be an alternative to the thinly traded Direxion Daily India Bear 2X Shares ETF.
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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