China's November Fiscal Revenue Surges 10.6%


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.


According to data from the Ministry of Finance, China's fiscal revenue in November climbed 10.6% y/y to 645.7 billion yuan ($101 billion), versus October's 16.9% growth.China's expenditures surged 7.5% to CNY1.14 trillion. In the first 11 months, the country's fiscal revenue jumped 26.8% y/y to CNY9.73 trillion. However, expenditures gained 24.3% to CNY8.9 trillion.

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: NewsChina Fiscal Revenue