Economic Data Scheduled For Wednesday


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 MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET.
  • The ADP national employment report for April will be released at 8:15 a.m. ET. Analysts expect an addition of 763,000 in private payrolls for April following a 517,000 rise in the previous month.
  • Federal Reserve Bank of Chicago President Charles Evans is set to speak at 9:30 a.m. ET.
  • US Services Purchasing Managers' Index for April is scheduled for release at 9:45 a.m. ET. The services index is expected to further accelerate to 63.1 in April from prior reading of 60.4.
  • The ISM's services index for April will be released at 10:00 a.m. ET. The ISM index is likely to increase to 64.2 in April from 63.7 in March.
  • The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is scheduled for release at 10:30 a.m. ET.
  • Federal Reserve Bank of Boston President Eric Rosengren will speak at 11:00 a.m. ET.
  • Federal Reserve Bank of Cleveland President Loretta Master is set to speak at 12:00 p.m. ET.
  • Federal Reserve Bank of Chicago President Charles Evans will speak at 3:00 p.m. ET.

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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.


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