Coffee Holding Soaring 16%

by Benzinga Staff
June 9, 2011 9:46 AM | 21 seconds read | Make a Comment

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.

Coffee Holding Co., Inc. (NASDAQ: JVA) shares are soaring this morning, gaining almost 16% today.At last check, shares of Coffee Holding Co. were up $1.34 to $9.84, a gain of 15.76% on 20,000 shares.Coffee Holding Co., Inc. operates as an integrated wholesale coffee roaster and dealer in the United States and Canada. The company offers three categories of products: wholesale green coffee, private label coffee, and branded coffee.

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.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Movers

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.