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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What Went Wrong?
There are two major factors contributing to insurers' losses on the healthcare exchange. The first is a lack of healthy enrollees. Insurers depend on premiums from healthy individuals in order to subsidize the cost of care for other customers, but over the past few years the healthcare costs for many insurers have surpassed the premiums they've collected.This is in part due to people who are using the healthcare exchange only when they need medical treatments. These individuals sign up outside of enrollment periods and tend to require their insurer to spend more on their treatments. The current system, insurers say, doesn't do enough to prevent this kind of behavior making it difficult for them to remain a part of the program.Some analysts believe that part of the problem for insurers is their own formula for estimating costs and setting premiums. Although most insurers raised their costs in 2015 to account for heavy losses, they lack enough data to accurately forecast costs in the year ahead because the program is so new.What's Next?
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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.