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.
JD.Com Inc (NASDAQ:JD) shares are trading higher by 2.50% to $53.62 Monday afternoon, rebounding following recent weakness. Shares of Chinese companies at large are trading higher, strength may be due to hopes of China easing COVID-era restrictions for travelers in Macau.
What Happened?
Macau's chief executive Ho Iat Seng has said China would resume an e-visa scheme for mainland travelers and permit group tours, per Reuters.
The report suggests that for the first time in nearly three years, mainland tour groups will resume in November in China's special administrative region. Currently, Chinese tourists to Macau are required to book a visa appointment...Read More
According to data from Benzinga Pro, JD.com has a 52-week high of $92.69 and a 52-week low of $41.56.
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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