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 Benzinga Global Fintech Awards are a yearly showcase of the greatest advents in fintech from leaders and visionaries in the worlds of finance and technology. This year, we have executives, developers and innovators from the likes of Facebook, Amazon, IBM, JP Morgan, Zelle, TD Ameritrade, TradeStation, Fidelity, and so many more.
The BZ Awards is an oscar-like event to showcase those companies creating technology that is paving the way for the future of financial services and capital markets. In preparation for its biggest installment yet this May, we're profiling the companies that have moved to the final round of judging for the BZ Awards.
In this feature we focus in on Lumity.
What does your company do? What unique problem does it solve?
Lumity's modern benefits solution combines dedicated service and expertise with powerful data insights and technology to relieve the pain of administering and choosing health plans and benefits for both employers and employees. Our clients have saved hundreds of thousands in benefits expenses and hundreds of hours in administrative time - all while driving higher employee engagement with better benefits.
Who are your customers?
Lumity's customers are modern, growing businesses who are focused on scaling an employee benefits experience that drives engagement and value for the company.
How long have you been in business?
Lumity was founded in 2013.
Where are you located?
San Mateo, CA, with offices in Sacramento and New York City.
Who is your company's leadership? What kind of experience do they have?
Our CEO and Co-Founder was the former President of Motif Investing, one of the first modern fin-tech brokerages in the space.
Who are your investors, if any?
Rock Health, True Ventures, Social Capital, DFJ Ventures
Is there anything else Benzinga should know about your company?
We are looking forward to participating!
To meet with the minds behind companies like Lumity and others testing the cutting edge of fintech, grab a ticket to the Benzinga Global Fintech Awards May 15-16 in New York.
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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