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.
Block (NYSE:SQ) has outperformed the market over the past 5 years by 32.78% on an annualized basis.
Buying $1,000 In SQ: 5 years ago, an investor could have purchased 55.77 shares of Block at the time with $1,000. This investment in SQ would have produced an average annual return of 45.46%. Currently, Block has a market capitalization of $64.64 billion.
Block's Share Price Over Last 5 Years
This $1,000 investment would be worth $6,293.92 today based on a price of $112.48 for SQ at the time of writing.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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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