May 6, 2024 4:45 AM | 2 min read |
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.
The Israeli military has ordered Palestinians in parts of Rafah to evacuate immediately in anticipation of a planned military operation.
What Happened: The Israeli Defense Force has initiated the evacuation of Palestinians from parts of Rafah, a city in southern Gaza, as reported by CNBC on Monday. The region currently houses about half of Gaza’s total population.
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“For your safety, the IDF appeals to you evacuate immediately to the expanded humanitarian area in Al-Mawasi,” stated Avichay Adraeethe IDF’s head of the Arab media division.
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Al Mawasi, a narrow coastal strip, is already accommodating several hundred thousand displaced Palestinians. Over 1.2 million people are currently seeking shelter in Rafah, many of whom have fled from other regions of the Gaza Strip. The living conditions are dire, with insufficient access to water, food, and basic medicine.
The international community, including the White House, the United Nations, and the World Health Organization, has warned Israel against an offensive in Rafah, citing potential catastrophic humanitarian consequences. However, Israeli President Benjamin Netanyahu you have stressed the necessity of an operation in Rafah for Israel to prevail in its conflict with Hamas.
Why It Matters: The warning from the Israeli military comes amid escalating tensions in the region. Despite warnings from the international community, Israel has been preparing for a significant military operation in Rafah. The operation is aimed at targeting the last Hamas stronghold in the region, with efforts to minimize civilian casualties.
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Meanwhile, former US President donald trump recently expressed his dissatisfaction with Netanyahu over the handling of an incident involving Iran’s Qassem Soleimani. Trump’s comments highlighted the complex dynamics at play in the region and the potential impact on the ongoing conflict.
Despite the escalating tensions, there have been reports of a possible ceasefire in Gaza, with Israel offering Hamas a 40-day truce in exchange for the release of captives. This proposal, if accepted, could potentially ease the situation in the region and pave the way for further negotiations.
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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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