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.
Tencent Music Entertainment Group - ADR (NYSE:TME) shares are trading lower by 5.19% to $8.03 during Wednesday's session. Shares of several Chinese companies are trading lower amid concerns over increased COVID infections following the loosening of some restrictions.
What's Happening In China?
Our Benzinga team reported China will reopen borders and abandon quarantine after it downgrades its treatment of COVID on January 8.
The decision is the mainland’s last step in shedding three years of zero-COVID and pivoting to living with the virus.
The relaxation of limitations has led to an increase in uncontrollable COVID cases in China, which has resulted in a lack of both staff across industries and medications...Read More
According to data from Benzinga Pro, Tencent Music Entertainment has a 52-week high of $8.71 and a 52-week low of $2.95.
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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