CORRECTION: Peter Schiff Does Not Hold a Long Position in Tiffany's


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.


Yesterday, Benzinga published a story with the title "Hearing Peter Schiff May be Long Tiffany's." In the body of that story, Benzinga reported an unconfirmed rumor that Peter Schiff of EuroPacific Capital could be long Tiffany & Co (NYSE: TIF), as well as Trian Fund Management's Peter May.That story incorrectly reported Peter Schiff's position, as he does not hold stock or a long position in Tiffany. The incorrect article has been deleted from our website as we issue this correction.

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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Posted In: NewsRumorsConsumer DiscretionaryEuroPacific CapitalPeter MayPeter SchiffSpecialty Stores