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.
Last week, the Cannabis Conclave took place in Davos, Switzerland. The event was dubbed by some as the "rebellious side" of Davos.
The Conclave was hosted by the Consumer Choice Center and Prohibition Partners.
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"The event featured industry leaders, investors and policy makers from over 25 different countries. The purpose of the event is to continue to fuel the legalization debate internationally," David Clement, North American Affairs Manager at Consumer Choice Center, told Benzinga.
Legalizing Cannabis
"Fueling the legalization debate, and the advancement of legalization, requires three things," Clement said. "First, we need policy makers who are open to the idea, and who realize that the war on drugs is failing. Second, we need entrepreneurs who want to enter the legal space and meet the demand of consumers and patients."
Clement said the industry needs investors to help catapult it forward so it can expand, and ultimately stamp out the black market.
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"That is why we bring those three groups together in Davos. One headline called us the 'Rebels of Davos,' explaining that the Cannabis Conclave is the sharper, more daring edge of what goes on during the World Economic Forum," Clement said.
The team is committed to returning in 2021.
Listen to Yaël Ossowski and Clement on Consumer Choice Radio discuss the Cannabis Conclave further here: https://consumerchoicecenter.org/radio/ep3/
Related Links:
Davos 2020 Cannabis Conclave: Uncovering The Future Of The European Market
Cannabis Industry Gathers In Davos: 'No Silver Bullet Gets Rid Of An Illegal Product'
Photo by Justin Aikin on Unsplash
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.