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.
By John Galt
December 15, 2011 – 17:55 ET
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Today's story by Ambrose Evans-Pritchard drops a not so subtle hint as to the winter of discontent getting ready swamp the European Union member nations:
Talk of ‘nuclear default' sums up Left's anger at EU dictates
The first sentence from this story via the U.K. Telegraph's edition tonight comes courtesy of an angry Portuguese politician:
“We have an atomic bomb that we can use in the face of the Germans and the French: this atomic bomb is simply that we won't pay,” said Pedro Nuno Santos, vice-president of the Socialist Party in the parliament.
If I were a European bankster, especially in Germany or France, I'd start building fallout shelters and start printing Deutschmarks and Francs just in case.
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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.