June 6, 2011 1:51 PM | 1 min read |
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.
Shares of Amarin Corp. (NASDAQ: AMRN) just saw some very heavy selling that caused the stock to fall around 2% in a matter of minutes. The shares are now bouncing back as it looked like some weak hands may have capitulated during the quick move lower. Currently, AMRN is trading down 4.75% to $17.64. This stock is quite volatile today and may present opportunities for short-term traders. Amarin Corporation plc (Amarin) is a clinical-stage biopharmaceutical company focused on developing improved treatments for cardiovascular disease. The Company's development programs capitalize in the field of lipid science and the therapeutic benefits of essential fatty acids in cardiovascular disease.
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.
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