Blackrock Issues Statement Related to Money Market Fund Reform


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.


“BlackRock supports the SEC's efforts to improve the resiliency of U.S. moneymarket funds during times of stress and appreciates the thoughtful, deliberateand consultative process the Agency has undertaken to achieve this result. Inlight of these changes, we believe that money market funds will continue toprove a valuable cash investment strategy. BlackRock is well positioned tooffer our clients the full spectrum of stable NAV, floating NAV, Government,Prime and Municipal cash management products. We look forward to engagingclosely with our clients over the coming months to discuss the wide array ofcash solutions available to successfully adapt to these new reforms.”

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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