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.
CNBC Host Accuses Guest Of Just Trying To Scare The Crap Out Of Everyone
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CNBC’s Simon Hobbs fought it out with Michael Pento today about the reality of the current economic situation in the U.S.
The fireworks start around 3:25, when Hobbs starts questioning the current generation of CEO’s for misunderstanding our post crisis world. Pento argues that right now people aren’t spending. Hobbs says that in Latin America and Asia, they are.
Pento then argues that consumers are going to be paying down debt for several years, and that the U.S. will be weak through that time period. The two then fight it out over the U.S. AAA rating and taxes.
At 6:00 minutes in, Hobbs says, "You’re just peddling the power of nightmares," and "Wars are fought because of that sort of attitude."
Pento goes on to make points about how people need to take the threat of U.S. sovereign debt seriously.
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.