What's Moving The Market Friday?


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


Top News

  • The U.S. Producer Price Index fell from 1.3% in January to 0.5% in February.
  • Johnson & Johnson's (NYSE:JNJ) vaccine was added to the World Health Organization's list of emergency tools to fight against COVID-19.
  • New York Governor Andrew Cuomo said his staff will work on a cannabis legalization bill over the weekend, which caused cannabis stocks to rally.
  • The SPDR Technology ETF (NYSE:XLK) moved 1% lower as bond yields moved higher.

Indices Around The Globe

  • S&P 500 Futures flirted with positive territory, holding above 3,900, as value stocks saw strength.
  • UK's FTSE 100 up 0.36% to near 6,761.
  • Japan's Nikkei up 1.73% to near 29,717.

Bonds

  • 10-year treasury yield at 1.62%.

Commodities

  • Crude oil down 0.65% to near $65.59/barrel.
  • Gold up 0.02% to near $1,723/oz.
  • Silver down 0.98% to near $25.93/oz.

Crypto

  • Bitcoin down 0.5% over the last 24 hours to near $56,884.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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: NewsFuturesCommoditiesIntraday UpdateMarkets