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 Czech National Bank (CNB) hiked its key interest rate for the sixth time in 12 months early Wednesday morning. The vote was 6-1 in favor.
The CNB increased its 2-week repo rate to 1.5 percent from 1.25 percent, and its Lombard rate to 2.5 percent from 2.25 percent.
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In the following press conference, Governor Jiří Rusnok stated that the CNB has "no commitment to raise rates again this year. However, it cannot be ruled out." Rusnok noted that monthly indicators point to "solid economic growth in Q3."
CZK was put under pressure by the news, quickly dropping 0.56 percent to $21.8592. Against the euro it fell 0.25 percent to €25.6593.
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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.