27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
On a map, Canada and the U.S. look somewhat comparable to most Americans. But the Vox map below shows just how desolate much of the northern Canadian wilderness really is.
The total population of Canada is 35.1 million. More than 10 million of that population lives in the southern cities of Toronto (6.1 million) and Montreal (4 million).
It doesn’t take a genius to figure out why most Canadians prefer to avoid the icy, barren northern part of the country, but farming was the original driver behind Canada’s settlement.
“Intensive commercial agriculture gave rise to a dense network of villages, towns and cities,” Canadian historian William Lewis Morton explains.
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The U.S. population of around 318.9 million is nearly 10 times the size of Canada’s. Ironically, 90 percent of Canada’s population lives within 100 miles of the U.S. border.
Canada is responsible for a large portion of North American oil production and has been hit hard by the collapse in oil prices. Stocks like Suncor Energy Inc. (USA) (NYSE: SU), Imperial Oil Limited (USA) (NYSE: IMO) and Canadian Natural Resources Ltd (USA) (NYSE: CNQ) are all down more than 30 percent in the past two years.
As of 2014, Canada was the fourth-largest non-OPEC global oil producer.
Disclosure: the author holds no position in the stocks mentioned.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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