Australia's Current-Account Deficit Down In Second Quarter


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.


Australia's current-account deficit narrowed to 11.8 billion Australian dollars ($12.1 billion) on a seasonally adjusted basis in the second quarter, versus A$13 billion in the prior period, according to the Australian Bureau of Statistics. Australia's exports rose 4% to A$3.1 billion in the quarter, while imports gained 3% to A$2.4 billion. However, economists were projecting a current-account deficit of A$12.3 billion in th quarter.

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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Posted In: NewsAustralia's current-account deficit