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.
Jeremy Grantham, the co-founder of Boston-based money manager Grantham Mayo Van Otterloo (GMO), has been cautioning about an impending stock market crash since 2015 and the latest trends haven’t brought about a change in that stance.
Despite the recent rally in tech stocks driven by hopes of a boom in artificial intelligence that has seen stocks like Nvidia Corp. (NASDAQ:NVDA) fly, Grantham maintains that the wider market is still poised for a fall. SPDR S&P 500 ETF Trust (NYSE:SPY) is up 16.4% this year so far.
GMO is currently betting big on deep-value stocks and bonds backed by commercial real estate, The Wall Street Journal reports.
Grantham’s Predictions
Grantham has a reputation for predicting market bubbles, having foreseen the dot-com and housing-market busts of 2000 and 2008. He describes the current market environment as the final act of the fourth U.S. superbubble of the past century, according to WSJ.
GMO’s Strategy
GMO is doubling down on contrarian wagers, betting on deep-value stocks that trade at bargain prices relative to their fundamentals. The firm also sees opportunities in bonds backed by commercial real estate.
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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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