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.
Bank of America (NYSE: BAC) and the Justice Department are near completion of a potential $17 billion deal to settle mortgage probes dating back to the financial crisis, according to The Wall Street Journal.
The report noted that cash penalties would amount to nearly $9 billion.
WSJ also reported that Attorney General Eric Holder and Bank of America CEO Brian Moynihan discussed the potential deal during a phone conversation last Thursday, with the Department of Justice pushing for $17 billion in fines and Bank of America looking to limit the exposure to $13 billion.
Shares of Bank of America are little changed following the announcement.
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.
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