Fintech Focus For October 28, 2021


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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Source: Benzinga

One Big Thing In Fintech: Wall Street’s top watchdog won concessions in a debate between U.S. regulators over how to police stablecoins, clearing a path for the Securities and Exchange Commission to crack down on the $131 billion market.

Source: Bloomberg

Other Key Fintech Developments:


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Watch Out For This: Blackrock CEO Larry Fink said he thinks the next 1,000 unicorns, or start-ups worth at least $1 billion, will be involved in climate technology.

Source: CNBC

Interesting Reads:

  • Regulators talk crypto holdings.
  • O’Leary: How to avoid burnout?
  • Millions resign across America.
  • Threats of China’s smart cities.
  • COVID invections reach highs.
  • CA to administer kids vaccines.
  • Hertz, Carvana focused on EVs.
  • The rush to tax unrealized gain.

Market Moving Headline: There were plenty of reasons for Tesla Inc. to rally Monday. Everything from Hertz Global Holdings Inc.’s blockbuster order to buying by passive funds and a squeeze on short sellers.

But other forces were at play in goosing the gain: options traders who piled on bullish bets, and market makers who were forced to purchase shares to hedge their positions as the stock surged.

Source: Bloomberg


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.


Posted In: Fintech