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.
Alibaba Group Holding Ltd (NYSE: BABA) backed e-commerce solutions provider Baozun Inc (ADR) (NASDAQ: BZUN) was listed on Nasdaq on Thursday.
Vincent Qui, Bauzon CEO, was on CNBC post-debut to discuss how the company plans to grow and the demand for authentic goods in China.
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Trajectory Of The Business
“Actually today we are in the business to bring all the brands to online business,” Qui said. “We are actually establishing the brand official stores and also marketplace stores. Today in China, you can see that the brand e-commerce is growing very fast because of two reasons. First one is that all the brands there just want to do this business.”
He continued, “The other reason is that all the consumers are getting more and more mature. So, they require more authenticity of the product. So, taking a look into the future, we can see a very big potential to grow. The market is big, we are capable, all the brands have demand. So, that’s why we can grow the company to next level.”
Demand For Authentic Products
Qui was asked if the Chinese consumer getting more attached to buying genuine goods. He replied, “Actually before, in the previous time, most of our consumers were shopping for cheaper price, but today most of them are requiring more and more genuinely and also authentic products from the online market.”
“So, we are here to sell all this 100 percent authentic products to the consumers. Talking about the anti-counterfeit, we think this is a trend and also it is a very good thing for us because when we are selling these authentic products, if we have more and more anti-counterfeit promotions then we will benefit from this,” Qui concluded.
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.