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.
- Chinese commodities trading service provider TD Holdings Inc (NASDAQ:GLG) subsidiary Hainan Baiyu Cross-border E-commerce Co., Ltd, inked a trade cooperation agreement with the Yangpu Economic Development Zone to expand its commodity trading business.
- The agreement shall be in effect until Dec. 31, 2022.
- The Yangpu Economic Development Zone is Hainan's most prominent economic zone and China's first national-level development zone.
- TD Holdings agreed to commence its commodity trading business in the Yangpu Economic Development Zone. The Yangpu Economic Development Zone management committee decided to grant the company preferential policies.
- TD Holdings plan to explore the Southeast Asian market through cross-border e-commerce business and increase brand awareness in the commodity trading market.
- Price action: GLG shares traded higher by 28.8% at $1.15 in the premarket session on the last check Friday.
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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