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.
Amazon.com (NASDAQ:AMZN) has outperformed the market over the past 20 years by 16.8% on an annualized basis producing an average annual return of 24.68%. Currently, Amazon.com has a market capitalization of $1.87 trillion.
Buying $1000 In AMZN: If an investor had bought $1000 of AMZN stock 20 years ago, it would be worth $77,739.77 today based on a price of $179.71 for AMZN at the time of writing.
Amazon.com's Performance Over Last 20 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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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