June 16, 2014 11:02 AM | 1 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.
A slow first quarter caused the International Monetary Fund to slash its 2014 forecast for the American economy.The Washington-based development agency also expects full employment for the nation won't materialize until 2017. It urged Washington to increase the nation's minimum wage as a means of boosting the economy, noting a U.S. poverty rate of 15 percent.Although a "meaningful rebound" appears underway, the IMF said it now expects full-year growth for the U.S. of just 2 percent this year, down from its earlier forecast of 2.8 percent, according to its annual outlook.A weak housing market and tough winter weather held back the first quarter, the agency noted, resulting in a weaker full-year outlook.Slack in the economy appears likely to enable the Federal reserve to maintain near zero interest rates for longer than many currently expect, the IMF said.
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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