June 14, 2011 8:52 AM | 1 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.
Industrial engineering giant Siemens (NYSE: SI) has announced that it invested an undisclosed amount in, and will also market technologies from, home energy startup Tendril Networks.Tendril makes software and in-home devices for consumers to monitor and manage home energy consumption. Siemens Venture Capital, the company's investment arm, has invested more than $43 million into smart grid technology since 2000.Competitors such as ABB (NYSE: ABB) and General Electric (NYSE: GE) have been acquiring smart grid companies as a way to expand into the arena. Siemens, though, has opted for partnerships and investments in startups such as Tendril, as well as eMeter, BPL Global and Viridity Energy.Siemen's share price has risen about 37% over the past year. The stock has outperformed not only GE and the industry average during that time, but the broader markets as well.
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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