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.
Royal Caribbean Cruises Ltd (NYSE:RCL) shares are trading lower by 1.2% to $102.32 Friday afternoon amid overall market weakness following July PPI data, which showed greater-than-expected inflation. This could weigh on consumer sentiment and travel spending.
Royal Caribbean's business relies on consumer willingness to spend on leisure activities like cruising. Higher inflation can erode consumer purchasing power.
If consumers have to allocate more of their income to essential expenses due to inflation, they might cut back on discretionary spending, such as vacations and travel. This could negatively impact Royal Caribbean's revenue and profitability.
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Additionally, inflation can disrupt supply chains and increase operational challenges. For Royal Caribbean, disruptions in the supply of goods and services necessary for cruise operations could lead to reduced capacity and profitability.
According to data from Benzinga Pro, RCL has a 52-week high of $112.95 and a 52-week low of $36.92.
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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