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.
The campaign backfired with a plethora of embarrassing questions focusing on the company's ongoing investigations by the Justice Department. The bank also suffers from a generally negative view that “Main Street” maintains on large Wall Street banks.
$jpmHow many
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Responses such as these led to the bank's decision to scrap the idea less than six hours after its original post. The bank tweeted “Tomorrow's Q&A is cancelled. Bad Idea. Back to the drawing board.”
J.P. Morgan should have taken cues from its Dow component peers McDonald's (NYSE: MCD) and Home Depot (NYSE: HD) who have experienced their own Twitter-related nightmares.McDonald's took to Twitter in January 2012 with its promoted hasthag #McDstories, with hopes of gaining positive responses about consumers dining experience. Respondents instead made references to the company's perceived association with obesity and serving inferior quality food.
Home Depot had to pull a Twitter photo it had posted after being deemed to be racist. The company publicly apologized and fired the individual responsible for the tweet. The Atlanta-based home retailer vowed to "closely" review its social media procedures to determine "how this could have happened, and how to ensure it never happens again."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.