October 25, 2011 8:04 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.
Energy Transfer Partners (NYSE: ETP) and Energy Transfer Equity (NYSE: ETE) today announced that the Board of Directors of each partnership has approved quarterly distributions for the quarter ended September 30, 2011.ETP's Board of Directors has approved a quarterly distribution of $0.89375 per unit ($3.575 annualized) on ETP common units for the quarter ended September 30, 2011. The cash distribution for the quarter ended September 30, 2011 will be paid on November 14, 2011 to Unitholders of record as of the close of business on November 4, 2011.ETE's Board of Directors has approved a quarterly distribution of $0.625 per unit ($2.50 annualized) on ETE's outstanding common units for the quarter ended September 30, 2011. The distribution will be paid on November 18, 2011 to Unitholders of record as of the close of business on November 4, 2011.
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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