November 19, 2014 8:32 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.
The Federal Open Market Committee (FOMC) is set to release the minutes from the October 29th meeting at 2 pm ET today. With QE officially ended, the main focus now will be on inflation expectations. Some key things to watch from today's minutes will be:-"Considerable Time"-the term has become paramount in indicating the Fed's intent to begin tightening. Any change or omission in that term could indicate a policy shift and move the equity markets. -2 percent inflation target: how far the Fed assessment of future inflation deviates from the 2 percent target will have a meaningful impact on bond prices and the US Dollar. -Ending Reinvestment: Currently the Fed reinvests the proceeds from maturing bonds to purchase new ones, keeping the balance sheet the same. Any mention of lessening reinvestment would have a dramatic effect, in essence tightening rates. With oil prices having fallen significantly, inflation expectations are likely to remain muted. Given that the tone of the previous minutes was more dovish than expected, many market observers are anticipating a more dovish tome to this release as well. Also important to note that Fed Governor Fisher, a noted hawk, will be stepping down next year, likely making the Fed generally more dovish.
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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