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.
Speaking on Bloomberg Markets, Alon Rosin of Oppenheimer suggested that investors should consider buying protection in PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ).
He wants to buy the August 138/132 put spread for $1.25. The trade breaks even at $136.75 or 2.84 percent below the current market price. It can maximally make a profit of $4.75.
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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