October 7, 2015 8:55 AM | 2 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.
As the 2016 Presidential race speeds up, candidates have been very vocal about the changes they'd make and the issues they'd address if elected into office. However, the Trans-Pacific Partnership (TPP) has created an interesting dilemma for candidates as voters across the US are divided on the issue. The pact breaks through party lines leading some of the field's most outspoken conservatives to agree with their democratic arch-rivals.
OpponentsRepublican candidates must toe a fine line when it comes to the TPP, as it was largely Republicans in Congress who helped pave the way for the deal's passage. However, GOP Candidate Donald Trump came out swinging this week, tweeting that the TPP was a "terrible deal". Bernie Sanders, who has emerged as a frontrunner for the Democrats,
agrees with Trump on the grounds that such a deal will put power in the hands of big corporations and hurt union workers.
Republican ResponseThe majority of GOP candidates have been tentative to respond to the deal, saying that more information is needed before they can comment. Candidates like Carly Florin have expressed concern about the deal, but none have been as outwardly critical as Trump. Ted Cruz's campaign spokesman
has said that he is skeptical of the deal following the Iran agreement, and a spokeswoman from Jeb Bush's camp said he supports the deal and believes it is a good step forward for the US economy.
Democrats StruggleOn the Democrats' side of the isle, the decision of whether or not to support the TPP is not quite so simple, especially for Hillary Clinton, who initially supported the deal as Secretary of State. Clinton's campaign hinges on being seen as Obama's successor and if she disagrees with too many of his policies, that position will be lost. However, a large percentage of her party is opposed to the deal, making it a gamble if she backs it.
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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