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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The Company:
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Collective2 is an online platform that connects retail traders with other investors. The company tracks top traders’ brokerage accounts, publishes the traders’ strategies, and allows other investors to subscribe to those strategies.
The Pitch:
Collective2’s head of product, Rod Casilli, says the company’s guiding principle is that there are still pockets of alpha in the markets, and that traders just need to find them. Essentially, Collective2 allows traders to sell the alpha they’ve found on its platform.
“Think of us as one big API—traders simply connect their account to a strategy on Collective2,” Casilli said. Casilli compared the company to Cake Financial, which pioneered a similar strategy-sharing model before it was acquired and shut down by Etrade.
The Future:
Casilli sees roboadvisors and other relatively new market entrants as driving a “race to zero” in finding alpha and trying to make indexes more efficient. Collective2 plans to help traders find any remaining untapped and actionable strategies.
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.