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.
- Philip Morris International Inc (NYSE:PM) has listed the steps taken to suspend planned investments and scale down its manufacturing operations in Russia.
- The company also works on options to exit the Russian market in an orderly manner.
- The tobacco giant has discontinued its cigarette products offered in the market and reduced its manufacturing activities.
- Philip Morris has suspended its marketing activities and has canceled all product launches planned for 2022 in Russia.
- The company canceled an investment of $150 million for its heated tobacco products.
- Russia made up almost 10% of total shipment volumes and around 6% of the company’s net revenues in 2021.
- Price Action: PM shares traded higher by 1.22% at $92.36 on the last check Thursday.
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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