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.
Although U.S. cannabis companies are generating more revenue, the lack of progress in federal prohibition, weakness in equity markets and high-interest rates make it difficult for companies to sell stocks and raise capital, causing cash to become an essential asset.
Smaller cannabis companies may face liquidity problems in 2023 due to these bear-market dynamics and investors should be wary of where and when they place their bets.
To learn more about this important and fascinating topic, join us at the Benzinga Cannabis Capital Conference and participate in a personal discussion with experts in stocks and equity markets, like Steve Gelsi, a seasoned financial journalist at MarketWatch, and one of the first to explore the cannabis industry.
After the overwhelming success of last year's 4/20 business event, the Benzinga Cannabis Capital Conference is returning to Miami beach April 11-12, 2023 with events taking place simultaneously on two stages at the historic Fontainebleau Hotel. Get in on the essential information every cannabis executive should know in today's consolidation climate.
Gelsi, who began writing about cannabis as a freelancer for High Times magazine in the early 1990s, is proficient at providing quick analysis and reporting on private equity, financial markets, the energy sector, legal cannabis and initial public offerings.
Join us in April at the Benzinga Cannabis Capital Conference and stay at Miami Beach’s historic Fontainebleau Hotel. Don't miss out on a chance to hear about future market forecasts and worldly advice on investing and finance from those embedded in the cannabis industry. Are you ready?
Buy your tickets HERE before prices go up. Book your room HERE.
Photo: Janon Stock on Shutterstock and photo on LinkedIn
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!