How Chuck Hughes earned 667.5% on July 28, 2011

Sept. 6, 2011 - PRLog -- Some analysts think the recent volatility is over… and we could see a MAJOR move to the upside in coming weeks.

But what if the “experts” are wrong? Chuck Hughes won SEVEN international trading competitions – more than anyone else in history – by IGNORING the experts and hedging his bets.

Click here to try a RISK-FREE DEMO of Chuck’s system…

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For example, on August 29, Chuck recommended an option strategy that is low-risk and can perform well in volatile markets.

He told his subscribers to buy 100 shares of an overseas market ETF and then buy a put option on the same shares. The put option protects the ETF purchase and, at current prices, the maximum risk on this trade is just $234 (plus commission).

These “buy-write” trades are Chuck’s bread and butter – and work particularly well in times like these. On July 28, when the Dow was in free fall, Chuck took profits on a similar buy-write trade with Chipotle. He made his subscribers a tidy $24,870 – for a gain of 667.5%!

Chuck’s buy-write (covered call) strategies alone have produced an average monthly income of $144,000 so far in 2011.

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