Italy's Bersani Could Resign at Any Moment – Senator


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.


An Italian Senator is saying on Twitter that Centre-Left leader Bersani could resign “in a few minutes.”

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!

According to Google translate, that means: In a few minutes @ pbersani will resign before the assembly of electors

The knives have been out for Bersani since election day. Despite winning the most votes, his coalition was expected to perform more strongly and the inability to push through a President may have been the final straw.

There have been rumors about his resignation this week so it's not a shock but I would expect some EUR selling — the market seems to be comatose here.

h/t to Alberto Nardelli for the heads up


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.


Posted In: NewsForexGlobalEconomicsMarkets