July 15, 2011 1:38 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.
Universal Electronics Inc. , (NASDAQ: UEIC) announced it has filed a lawsuit against Logitech, Inc., Logitech International S.A. (NASDAQ: LOGI) and Logitech Europe S.A. in the United States District Court, Central District of California for infringement of seventeen of UEI's patents related to remote control technology. From July 1, 2004 until June 30, 2010, Logitech previously licensed certain of UEI's patented technologies under a renewable license. Prior to the expiration of the license, throughout the remainder of 2010 and until the filing of this complaint, UEI sought to negotiate reasonable business terms for the renewal of the license agreement but Logitech was not willing to do so. Meanwhile, Logitech continued selling its products that were previously covered under the license agreement without permission or proper payment, according to the lawsuit.
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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