Fed Buys $1.6 Billion In Today's POMO


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 Reserve Bank of New York conducted its POMO today, and bought $1.66 billion in bonds, inline with expectations.Dealers offered $39.152 billion in debt maturing from 2013 to 2014.

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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Here are the full results for today's operations.
Posted In: EconomicsFederal Reserve Bank of New YorkPOMO