Create Income with Options Spreads

Give yourself a raise with my trades! Learn how to sell option spreads to create a steady monthly income.

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Ratings & Reviews

252 Ratings

About Nicolas Chahine

I am from Main Street not from Wall street and I specialize in credit spreads. Prior to trading full time I climbed the ranks of the corporate finance world. Then in 2000, I branched out with an internet venture as CFO/COO. The efforts paid off well…

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Ratings

4.3
  1. 150
  2. 57
  3. 21
  4. 10
  5. 14
Average rating based on 252 user ratings

Reviews

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I like Nick's trading ideas and the fact that he answers my questions when I message me. However, I'm not quite sure when he throws out ideas whether to do the trade or not. I'm not used to suggestions. I like to have precise instructions eg. "Buy or sell... ......@ $.... max. He does talk bout it in the chat room, however I cannot be in it the whole 7 hours, I have to take care of other things. I do not want to give a rating. I do like Nick.

I love the chat room and the ideas that Nic share with us. Recently I bought BABA calls and i was able to take 250% profit just in three days!!

I have give you my rating. I am not ready to comment.

Great value for the money!

I've been working with Nick for several months now and have learned so much. I am also making money and have learned when to sell positions. I follow the chat room daily and there is great interaction between members with a variety of skills and knowledge. Nick answers everyone's questions promptly and when you message he almost always replies immediately. I'm sold! I will stick with a winner!

Recently joined and so glad I did. Nicolas actually engages with his customers and doesn't treat them like they are idiots. No question is stupid. I recently made an options trade in PCLN based on Nicolas and community input. Was up 107% in hours.

Just wanted to thank NIc, I put two credit put spreads on per his recommendation Wed and took them off today with nice profits on both. I made 7.5% and 4.5% on the trades in two days. This is a regular occurrence with Nic, he has a very good sense of the market. He is also the hardest working Trade room monitor I have found.

I joint Create Income with Options Spreads program a week ago. I had some very interesting trading experiences in this program. For example, on 9/24/14, market was up, and NDX was up from 4051 to 4094. Nic suggested Iron Condor position on weekly NDX141003 C4175/4180 - P3940/3935. Ideally, NDX could close between 3940 and 4175 on Next Friday 10/03/14. I took the Iron Condor position for $0.82/contract credit. On 9/25/14, market turned south sharply, NDX dropped from 4094 to 4007 (2.16%). I was afraid of that if another 70 point drop, I would lose big. I asked Nic what I could do. Nic commented "closing the leg that is in danger (3940/3935) would mean that the whole iron condor would have been a break even. SO if in doubt then I always close it. So closing the lower leg tomorrow would not be the end of the world. BUT i want to first see how the morning goes. Also the same day i posted the idea, I said that I was waiting before taking the lower end (3940/3935) because I wasn't too scared of being short in this environment. this is a message that i repeat almost in every write up." On 9/26/14, the market bounced back. NDK was up from 4007 to 4054 (1.17%). I closed the lower credit spread in the afternoon, and made $235. Although the NDK may not drop to 3940 in next week, the possibility is increased under the market sentiment, and the 84 point drop on 9/25/14. It is definitely safe to close the position. I was lucky that I closed the position with a small gain, which is enough to cover 3 month membership. I look forward to more winning experiences from this program.

My first day and it was nice to read the blog. Do have some questions but no time right now will ask later.There is a window on the lower right of the screen saying Live Chat I do not know what the three signs ^ cross and arrow mean.

This is really good service for starters as well as advanced traders. Nic is very good at explaining market and particular tickers. Nic’s morning notes are very helpful to get you ready for market movement. It’s worth to give a shot and see if you like it. I joined 3/4 months ago and so far I have liked it. Happy Trading.

"just a wee bit more"

Thank you very much.

Timely, accurate and extremely informative analysis and trade recommendations, with pre-open analysis, updates throughout the date, and detailed post-closing summaries. Nic gets my highest rating.

As a recent subscriber to Nicolas Chahine alerts and education, I am impressed! He shares his vast insight and knowledge so openly. He keeps it short and to the point. He is accurate. He encourages questions and most importantly, knows when to close a trade and shares this information with his subscribers. I feel fortunate to be a subscriber.

just started .nic is nice,kind,makes its simple. answers all questions .looks gr8. bought 3 trading days ago .sold today .made my first $375 today