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.
A joint survey conducted by Rewards Network, American Airlines and United Airlines found 71% of respondents need assurance from government and health officials for when it's safe to eat in restaurants, Restaurant Business reported.
What To Know: Among the 1,373 participants in the survey, nearly three out of four people won't eat in a restaurant before it's declared safe to do so. Beyond the green-light from the government, 69% of those surveyed said the most important action a restaurant can take is separate tables to enforce social distancing.
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The number of people surveyed waiting for a vaccine to be introduced before dining out was 14%.
See Also: New York City Caps Restaurant Delivery Fees
Meanwhile, 74% of those surveyed will be as price-sensitive as they were prior to the pandemic and 66% of the group demands the same rewards program will be offered moving forward.
Why It's Important: Despite the fact that "off-premise" sales of food and alcohol beverages remained strong throughout the pandemic, the industry still needs restaurants and bars to open, Brewery Ommegang VP of Finance Matt Szymanski said in a Fox Business interview.
What's Next: The midwest and southern regions of the U.S. have been quicker to reopen their restaurants and bars. So far, the industry is seeing "nice results" although nowhere close to pre-pandemic levels, he said. It would be unreasonable to expect a quick return to prior levels and it will "take some time."
"At least we are heading in the right direction," he said.
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.