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.
“Rich Dad, Poor Dad” author Robert Kiyosaki recently offered his thoughts on the Chinese spy balloon incident in an interview with Stansberry Research.
What Happened: Citing his experience with the Marine Corps in Vietnam, where he flew a helicopter gunship, Kiyosaki said an F-22 wasn’t needed to shoot down a balloon. A helicopter gunship could have been sent to accomplish this, he added.
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When asked whether the use of the fighter jet was just for the narrative for the image of how powerful the U.S. is, Kiyosaki said he didn’t have an idea of what was going on anymore. “It doesn't make any sense, you know, why did they open up the border and Fentanyl pours across, why did [Joe] Biden cut off the Keystone XL pipeline,” he said.
The best-selling author said the pension crisis is the biggest problem the U.S. currently faces, adding that the funds are now empty.
See also: How To Invest In Tech Startups
Why It’s Important: For those unversed, U.S. fighter jets shot down four flying objects in about 10 days earlier this month. The first one, suspected to be a Chinese spy balloon, was shot off the South Carolina coast on Feb. 4. China claimed ownership of the balloon and said it was a meteorological balloon that had floated into U.S. airspace.
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Two other unidentified flying objects were downed on Feb. 11 and Feb. 12 and the fourth was shot down near the U.S.-Canada border over Lake Huron in Michigan on Feb. 13. The origin and the nature of the three latter aerial objects are yet to be ascertained.
When asked if the whole balloon and UFO sightings were to distract the people, Kiyosaki said in the worst-case scenario, the U.S. is going to war. “There’s something really nefarious that you and I will probably never know,” he said.
“I don’t listen to what Biden says, I listen to what he's doing, and what he's doing is disturbing,” he added.
Kiyosaki said they throw around words such as “Oh! We could have just a limited nuclear war.” He recalled that in 1962 he saw an atomic bomb explode on Christmas Island.
“Atomic bombs are not funny you know, I mean they're destructive. So anyway, it's a frightening time,” he added.
Photo: Created with an image from Gage Skidmore via Wikimedia and 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.