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.
Lufax Holding Ltd - ADR (NYSE:LU) shares are trading lower by 8.89% to $2.72 Monday. Shares of several Chinese stocks are trading lower after the US government shot down a balloon originating from China.
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Our Benzinga team reported China and Taiwan are responding after the U.S. military shot down a Chinese spy balloon on Saturday off the coast of North Carolina.
President Joe Biden ordered for the three-bus-sized balloon to be shot down “as soon as possible,” which meant holding off on the operation until it was safely over waters.
While intelligence recovery efforts for the balloon are ongoing, on Friday the Pentagon confirmed a second Chinese balloon had been spotted over Latin America. More precisely passing over the Panama Canal and moving southeast over Venezuela...Read More
According to data from Benzinga Pro, LU has a 52-week high of $7.05 and a 52-week low of $1.26.
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.