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.
The psychedelic Active Pharmaceutical Ingredient (API) Market, currently estimated at $1.6 billion, is expected to rise at a CAGR of 13.2% over the next ten years and be worth $6.1 billion by the end of 2033.
That's according to Persistence Market Research’s latest study, conducted by a team of experts in management, medicine and engineering.
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“Increasing cGMP practices, growth in the pharmaceutical API manufacturing industry and increasing research on the impact of psychedelics on mental health are factors propelling the global market,” stated a Persistence Market Research analyst.
Past research located the worth of the global psychedelic market at $8.31 billion by 2028 and $12 billion by 2029.
The latest API report noted:
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LSD APIs held 33.7% market share by product in 2022.
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Novel synthetic compounds accounted for 42.2% share of the global psychedelic API market in 2022.
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Synthetic sources held a share of 54.0% in the global market in 2022.
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GMP-grade production held a market share of 97.8% in 2022.
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By application, the research segment held a market share of 87.0% in 2022.
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Around 33.3% of the global market share, by region, was accounted for by North America in 2022.
The study also presents a historical demand assessment of the period 2017-2022 and projections for the next ten years, through sections including products (API-grade psilocybin, DMT, LSD, MDMA, and ketamine), the API compound (active plant components, novel synthetic compounds, metabolites, isotopically labeled standards), source (natural, synthetic, bio-synthetic), grade (GMP, non-GMP), application (clinical, research), and considers key geographical regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East and Africa).
Photo: Benzinga edit with photo by Zita and canadastock on Shutterstock.
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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.