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.
Markets have been crumbling as the US' bipartisan budget deal gains support and is seen as likely to pass a vote in the House of Representatives this week. The deal, if accepted by Democrats and Republicans in Washington, eliminates much of the fiscal uncertainty that was keeping the US Federal Reserve from tapering in the past. With the Fed's highly anticipated meeting coming up next week, expectations of a December taper have been growing on the back of better than expected labor data, and now, a budget deal that will prevent another government shutdown in January.
Energy futures were mixed, Brent futures fell 0.22 percent but WTI future increased 0.03 percent. Gold lost 1.32 percent and silver was down 2.14 percent. Industrial metals were up across the board with tin up 0.89 percent and aluminum up 0.78 percent.
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.
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!