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.
ICICI Bank (NYSE:IBN) has outperformed the market over the past 20 years by 6.75% on an annualized basis producing an average annual return of 14.76%. Currently, ICICI Bank has a market capitalization of $64.95 billion.
Buying $1000 In IBN: If an investor had bought $1000 of IBN stock 20 years ago, it would be worth $15,801.92 today based on a price of $18.68 for IBN at the time of writing.
ICICI Bank's Performance Over Last 20 Years
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.
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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