October 24, 2011 9:06 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.
Invesco Ltd (NYSE: IVZ) reported an 8% rise in its third-quarter net income.Invesco reported its quarterly earnings at $166.9 million, or $0.36 per share, up from $154.7 million, or $0.32 per share, in the year-ago period. Excluding certain items, Invesco's earnings came in at $0.42 per share. However, analysts were expecting earnings of $0.41 per share. Its revenue gained 4% to $706.1 million from $681.9 million.Investment management fees climbed to $804.1 million from $748.7 million. However, service and distribution fees fell to $189.1 million from $191.6 million, while performance fees surged to $3 million from $2.5 million.Invesco announced a Q3 dividend of 12.25 cents per share. Invesco shares closed at $18.74 on Friday.
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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