Hochtief Reports Decline In Q2 Profit


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.


Hochtief AG (OTC: HOCFY) released its results for the second quarter on Wednesday.Hochtief's quarterly net profit declined to EUR13.8 million from EUR54.1 million. Its external sales surged to EUR5.46 billion from EUR5.08 billion. Hochtief's profit before taxes dropped to EUR10.2 million, from EUR181 million, in the year-ago quarter.Hochtief's earnings before interest, tax and amortization (EBITA) declined to EUR54 million from EUR239.2 million in the year-ago period.

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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