Unlocking the Secret: How Nic Chahine Averages 27% Profit Every 20 Days with Option Buys
Nic Chahine, a successful options trader, has been able to achieve an impressive 27% profit every 20 days through his option buys. What sets him apart is that he is not selling covered calls or spreads, but rather buying options. This strategy has allowed him to maintain an impressive 83% win rate, far surpassing the average trader.
Chahine’s success comes at a time when the New York Stock Exchange (NYSE) is considering implementing a 24/7 trading schedule, similar to the trading of cryptocurrencies like Bitcoin and Ethereum. This move is in response to the increasing interest in trading major stocks such as Apple Inc and NVIDIA Corp during overnight hours, driven by the surge in retail investor activity and the continuous trading of cryptocurrencies.
While other major markets offer round-the-clock trading, stock exchanges have been slower to adapt. However, with retail brokers like Robinhood Markets Inc. and Interactive Brokers now offering 24-hour weekday access to U.S. stocks, the NYSE is seeking feedback on the potential benefits of extending trading hours.
The Securities and Exchange Commission (SEC) is also reviewing a proposal for the first-ever continuous exchange, backed by Steve Cohen’s Point72 hedge fund. This potential shift to 24-hour trading could have a significant impact on the global trading landscape, especially with the rise of retail investors and the growing popularity of cryptocurrencies.
Chahine’s success in achieving a 27% profit every 20 days serves as a testament to the potential opportunities that may arise with extended trading hours. As the financial markets continue to evolve, traders like Chahine are paving the way for new strategies and approaches to maximize profits in an ever-changing market environment.