October 29, 2015 6:00 PM | 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.
Celanese Corporation (NYSE: CE), a global technology and specialty materials company and a global leader in vinyl acetate ethylene (VAE) emulsions, announced today that it will increase the price of vinyl acetate-based emulsions sold in Asia. VAE emulsions will increase by ¥ 260/MT for China and $35/MT for the rest of Asia effective October 31, 2015, or as contracts allow. This price increase affects all applications including, but not limited to, adhesives, paints and coatings, waterproofing, building and construction, glass fiber, carpet and paper. This increase is attributed to the continued pressures on raw materials, notably ethylene and vinyl acetate monomer (VAM). Customers should contact their Celanese sales representative for more details.
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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