April 26, 2010 4:53 AM | 1 min read
Nic Wins Buying Options 83% of the Time
How does he do this? It’s called the “MoneyLine.” It’s how you can spot quick moves in a stock that you close in as little as one day. And we’re not talking about peanuts here. He's won up to 411% using his MoneyLine approach to options. Here's how he does it.
Thailand's political situation remains perilous as the pro-establishment Yellow Shirts called for martial law to be imposed after a grenade attack late Sunday on the house of a former premier injured 11 people, according to the Sydney Morning Herald.The month-long protests between the Yellow Shirts and the anti-establishment Red Shirts have led to 1,000 injuries and 26 deaths. All of this might have you thinking the iShares MSCI Thailand Investable Market Index (NYSE: THD) would be down more than 1% in the past month, but that's all the ETF has shed. Be careful here. THD was up 6% earlier this month, so in effect the ETF has lost 7%. THD has found support at $44 and a move above $48 would be bullish, but its hard to advocate anything more than a day or swing-trade in this ETF as long as political tensions remain high. The Yellow Shirts have set a one-week deadline for the Red Shirts to cease protests, so if nothing else, THD will be worth watching again this week. Just don't get married to a position in this ETF if it goes against you.
Nic Wins Buying Options 83% of the Time
How does he do this? It’s called the “MoneyLine.” It’s how you can spot quick moves in a stock that you close in as little as one day. And we’re not talking about peanuts here. He's won up to 411% using his MoneyLine approach to options. Here's how he does it.
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