Fintech Focus For August 17, 2020


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.


Quote Of The Day: You will face many defeats in life, but never let yourself be defeated. - Maya Angelou

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Fintech Movers: Conversational AI or chatbot technology is proving a key technology, enabling customers to interact with their banks anytime, any place. - Tech Wire

  • JPM to lead Consensys note raise.
  • Vela, IPC expand data partnership.
  • Fiserv wins deal from Federal Bank.
  • InFirst selects NuPoint for solutions.
  • BMO builds an API for QuickBooks.
  • Kona expands its machine learning.
  • 1inch launches AMM Mooniswap.
  • Fidelity launches Bond Beacon tech.
  • Cube closes $5M round for software.
  • Boston Fed, MIT partner on CBDC.
  • Coinbase to enter the lending space.

Benzinga Global Fintech Awards Spotlight:

Every year Benzinga, a leading news and data platform, holds the Global Fintech Awards, a day of dealmaking, networking, and recognition in the fintech space.


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Ahead of the November 10, 2020 event, this newsletter highlights disruptive innovators working to create positive and diverse change in financial services.

Today's disruptive innovator is Silobreaker, an intelligence tech provider.

For a chance to make your mark on the future of innovation and be featured in this newsletter, check out our Global Fintech Awards!


Watch For This: Cities across America are weighing whether to reduce or redirect spending on police. Some, with backing from mayors and city councils, are already undertaking efforts to do so, as protesters in their streets call for “defunding.” - WSJ

  • FBI resistance lawyer pleads guilty.
  • Michigan eyes autonomous roads.
  • Market for algorithms sees rebound.
  • Lacking ETF trade tech cuts growth.
  • Trump orders ByteDance to divest.
  • NASA, SpaceX target 10/23 launch.

Market Moving Headline: The S&P 500 traditionally trades at a price-to-earnings (P/E) ratio of 16x. But with interest rates near zero, the P/E ratio should trade at a 50% premium (24x) or higher (all things being equal, a higher P/E = higher stock price). - The Hustle

  • Apple introduces Apple One bundle.
  • US bank loans down ~4% in Q2’20.
  • Width of vertical spreads and ROC.
  • Retail sales and bankruptcies rise.
  • Virus presses carmaker divergence.
  • Goldman Sachs raises SPX targets.
  • How the Fed controlled gold prices.
  • The statistics on trading stock splits.
  • European activity to flat-line into 2021.
  • Trump administration pushes 5G tech.

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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