June 14, 2011 1:42 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.
East Coast Diversified Corporation (OTC: ECDC), through its subsidiary EarthSearch Communications, Inc., announces plans to develop a portfolio of GPS related commercial and social networking mobile applications under its new division, EarthSearchMobile, Inc. EarthSearchMobile will be focus on developing a portfolio of GPS related mobile applications for both the commercial and consumer market. This new division will broaden EarthSearch's market reach from commercial products and solutions, to individual end users through mobile handheld devices. Current estimates of cell phone users in the United States are projected at 300 million, with 5 billion total world-wide users. With a majority of these phones already enabled with GPS tracking technology, EarthSearchMobile will look to apply a number of commercial and consumer GPS tracking and social networking applications for this already existing hand-held market.
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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