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.
Amid rising tensions with the U.S. over Taiwan issues and border clashes with its neighbor India, Chinese President Xi Jinping ordered a "comprehensive upgrade" in China's armed forces.
What Happened: Xi, who is also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, called for "building a strong army in the new era," according to CGTN, a state-owned media.
See Also: Jack Ma Goes On Euro Trip After Stepping Back From Business Empire: Has China Eased Pressure On Him?
The comments from the Chinese president came days ahead of the 95th anniversary of the founding of the People's Liberation Army (PLA).
Xi emphasized continuous efforts to strengthen Chinese military personnel training to enhance their sense of responsibility, mission, and urgency.
"[We] must make sure that the guns should always be carried in the hands of someone who's loyal to the Party," he said.
The president also urged for high-tech modernization for all military talents, advancing their recognition, innovation, and implementation ability.
Check out more of Benzinga's Europe and Asia coverage by following this link.
Photo: Courtesy of Digi_shot on flickr
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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