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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CIWOPS - Provides a lot of timely info that can be valuable if you know ho to use it. However, I need more hand holding than what is provided. Bill

Nic provides good insight on the markets, but I don't see that much added value for paying for a subscription as compared to following him on Twitter or Stocktwits. There are very few trades posted on the portfolio. Even more importantly, Marketfy doesn't let him show rolling credit spreads, so when a credit spread trade goes bad, it's difficult to accurately track the performance of the roll. A lot of members, as myself, lost quite a bit on a PCLN Put Credit Spread and weren't able to accurately understand how the position was rolled.

After writing a review that was very critical of the quality of your service, I have since found the updated version of the resource page. It's very impressive--I still only give you a 4 star rating because this is the first time I have been directed here to see the new version.

Before I purchased I saw many positive reviews but all had just joined so no history. After one month, I am leaving due to the losses. I do not think this is necessarily a bad product but there are some things to be aware of. 1) I was told it should be safe to do 5k per trade on a 15-20k account which I have. If you choose to believe this, you should probably only have one trade open at a time. Imagine your account value being cut in half with 2 open trades. If you can handle that pressure, you should be fine. 2) Nic, during my one month here, makes recommendations to the folio trades that are not actually done in the portfolio . He does tell you this at the time but it makes me wonder how accurate the "verified" results actually are. I know they are not even close for the last 30 days. I personally lost 3k from a beginning balance of 17k in the last 30 days and at one point my acct value was as low as 8800. Talk about pressure. This is probably good for a large acct where you only have 5% or so at risk on a single trade but I have no way to be sure.

I found the webinar very informative and I have subsequently gone ahead and purchased the Options Course on Credit Spreads.

I have just subscribed to the above service and watched Nicolas's 5 training videos. I am a retired Canadian engineer so Nicolas's approach as an engineer is a breath of fresh air. I have subscribed to trials to half a dozen other sites and would only consider one of them as being close in quality to this one. There are hundreds of sites, chart indicators and trading systems as well as over 50 option combinations. Nicolas sticks to only a few conservative options tactics and a very small number of technical charting indicators and an in depth understanding of the underlying stock, sector and overall market sentiment. I highly recommend this service providing you are not looking for a high risk get rich quick scheme.

Glad that I found Nic and Marketfy. Nic is extremely knowledgeable and always responsive. A wonderful trader and a teacher. Marketfy is always there to answer questions.

One of the best service I have received till now. Most important for me is it feel like Nic is always there for us to guide and educate me. unbelievable promptness of his response whenever I ask any question. He is one of us and with us and he is the best.

I have used Nic's service for several months and it has increased both my trading confidence and results. This past week, I had an SPX iron condor expire for $2100 and a GOOG credit put spread also expire for $450 - both great returns on risk. So far, not a single loser - although I am prepared to manage those situations when they occur. Nic's astute commentary and assistance are one of the keys to success for me.

extremely helpful & timely advice and trading ideas for income! Nic also provides his review of markets, earnings, and setups, including various degrees of risk.

I just became a member. Ask me in a week or two! So far, I like what I see. The Spreads seem well thought out. I don't understand as yet the reason for closing out the Spread so early. I'm sure Nick will tell us.

I like the method in theory. Took the 2-week trial and had no actionable trades, so did not continue with the monthly membership.

Nicolas makes options trading very simple. He was simple and to the point to where anyone could understand how to trade.

great calls nic,, very detail e-mail info on every trade setup. I just follow his comments to trade the market on the paper at his time.

Outstanding results. Nic has minimized the risk on the trades and is a real pro. He is very open to questions, and is like a mentor. His knowledge of the market really takes advantage of timing. His record speaks for itself.