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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Attention regulators: Jack Ma said Alibaba's IPO made him believe the SEC doesn't understand Alibaba, or China. #WSJDLive
— Shira Ovide (@ShiraOvide) October 28, 2014
Given significant cultural differences between East and West, Ma may on some level correct.But it's also plausible the SEC may indeed have misunderstood, or at least overlooked, a mundane provision in Alibaba's corporate charter which seeks to make shareholder lawsuits against the company more difficult.On page 38 of its articles of incorporation27% 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.