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.
The newsletter also referenced the Robert E. Lee statue which was front and center in the Charlottesville, Virginia, tragedy. He referred to the Confederate figures, like Lee, as being "honorable people whose only crime was to defend what all societies had done for more than 5,000 years: keep a part of the population enslaved."
Faber's comments are particularly confusing given his strong opinion on the stock market with an emphasis on a pending market crash. For example, he argued during a CNBC "Trading Nation" segment in June that the Federal Reserve could "print enough money that the Dow goes to 100,000" but ultimately it will "end very badly, extremely badly.""Either people with money will be taxed heavily ... or we'll have a massive deflation in asset prices — I repeat: massive," he said. "Eventually the system will break."
Faber didn't shy away from his comments. In response to the statement, he told CNBC he is merely "stating some historical facts" and this does not equate to racism. But if one is to conclude that his comments are racist, "then I suppose that I am a racist."
Related Links:Subtext Of The Siege In Charlottesville: Virginia Makes $24 Billion Off Racial HistoryMarc Faber Joins Procession Of Prominent Bears Calling For Market Crash______Image Credit: Screen grab from YouTube27% 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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