August 19, 2013 1:19 PM | 2 min read |
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.
There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful or just down right comical.
1. Walt Mossberg The Wall Street Journal columnist,
Walt Mossberg ( @waltmossberg ), tweeted out a great article about the future of
BlackBerry (NASDAQ: BBRY ). Its prognosis may have just gone from bad to worse.
2. Chicago Board Options ExchangeChicago Board Options Exchange ( @CBOE ) tweeted out the breakdown of economic data in days to come. How the markets will react remains to be determined, but a normal correction could definitely be on the horizon.
3. Bloomberg NewsBloomberg News ( @BloombergNews ) tweeted out an update about gold. They predict that the two month gold bull market may be heading for bearish territory once again.
4.Downtown Josh Brown ‘Reformed Broker' and blogger,
Josh Brown ( @ReformedBroker ), tweeted out some alarming trends when it comes to EMEs.
5. The StreetThe Street ( @TheStreet ) tweeted out this morning that Reed Hastings' talks about
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(NASDAQ: NFLXt ) and
HBO (NYSE: TWX ) might not bode too well for his own company.
6. CNBC WorldCNBC World ( @CNBCWorld ) tweeted out that while Europe may be making a few smalls steps forward, Italy's always making a huge step back.
7. Tech CrunchTech Crunch ( @TechCrunch ) tweeted out that Germany recognizes Bitcoins as “units of account”. That being said, the federal ministry of finance thinks they should at least get some nice tax revenue from activities involving Bitcoins.
8. Bloomberg BusinessweekBloomberg Businessweek ( @businessweek ) tweeted out that Japan's government might find itself in hot financial waters and sinking fast as national debt rises to an unprecedented levels.
9. CNN Money InvestingCNN Money Investing( @CNNMoneyInvest ) tweeted out that another U.S. bubble is close to rupturing.
10. Paul ToscanoProducer at CNBC,
Paul Toscano ( @ToscanoPaul ), tweeted out that the next best plays could be via the housing market.
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.
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