Credit Agricole Reports Strong Rise In Q1 Profit

by Benzinga Staff
May 13, 2011 3:55 AM | 20 seconds 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.

Credit Agricole SA (OTC: CRARY) released its results for the first quarter on Friday. The group's quarterly net profit surged to 1 billion euros ($1.42 billion), from 470 million euros. Its revenue rose 10% to 5.3 billion euros. However, analysts were expecting a net profit of 1.03 billion euros.CRARY shares gained 2.85% to close at $7.94 yesterday.Read more from Benzinga's Company news.

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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