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.
For the first time since 1990, the NHL's Detroit Red Wings won't be participating for a chance to hoist Lord Stanley's Cup.
As such, the Pittsburgh Penguins now hold the title for the longest post-season steak at 10 seasons. Ironically enough, Sidney Crosby and the Penguins defeated the Red Wings in its last Stanley Cup finals appearance in the 2008-09 season.
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The Wings set a North American pro sports record by reaching the playoffs for 25 consecutive seasons.
Here is a look at some economic stats and other fun facts of what life was like the last time the Red Wings missed the playoffs in 1990.
- Dow Jones range: Low of 2,365 and high of 3,000 (now trading over 20,000)
- Cost of a new home: $149,800
- Price of gas: $1.16 a gallon
- Cost of milk: $2.78 a gallon
- Rate of inflation was 5.4 percent
- GDP growth of 1.9 percent
- "Law & Order" and "The Fresh Prince of Bel-Air" were the two most popular TV series throughout 1990.
- "Goodfellas" was ranked as the most popular feature film release in 1990.
- Shares of Apple Inc. (NASDAQ:AAPL) closed at $1.33 on the first trading day of 1990; The stock now traded over $135.
See Also:
Mike Ilitch: Billionaire Entrepreneur, Pizza Magnate And Detroit Icon
Patriots Win Caps Most Thrilling Sports Championship Year Ever
Image: Michael Righi, Flickr
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.