November 1, 2011 1:33 PM | 2 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.
November 1, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for October 31, 2011. The Standard & Poor's/TSX Composite Index ended lower by 267.45 (-2.14%) to end the day at 12,252.06.Grande Cache Coal Corporation (TSX: GCE) was the most actively traded gainer and ended higher by 4.00 (68.14%) to C$9.87 after Canada's Grande Cache Coal has accepted a C$1 billion ($1 billion) takeover offer from two Asian traders aiming to cash in on rising demand from China's steelmakers.Cline Mining Corp. (TSX: CMK) added 0.34 (19.21%) to C$2.11 with more than 16.61 million shares exchanged hands, compared to its average volume of 3.35 million shares on news on acquisition of Canadian metallurgical-coal producer Grande Cache Coal Corp. (GCE) for about C$1 billion ($1 billion).Mercator Minerals, Ltd. (TSX: ML) was another notable active stock with the stock closing higher by 0.03 (1.50%) to C$2.03. Mercator Minerals Ltd. is a natural resource company engaged in the mining, development and exploration of its mineral properties in Arizona, in the United States of America and Mexico.Lundin Mining Corporation (TSX:LUN) fell 0.18 (-4.40%) to C$3.91 after it announced the formal appointment of Mr. Paul Conibear as President and CEO of Lundin Mining. Mr. Conibear has been interim President and CEO of the Company since June 30, 2011.About InvestorIdeas.com: Big Ideas for small cap InvestorsInvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.Sign up for the free investor news and stock alerts http://www.investorideas.com/Resources/Newsletter.aspJoin Investor Ideas - Become a MemberInvestorideas.com Members currently have 24/7 online access to the exclusive subscriber-only 13 stock directories in leading sectors including nanotech, renewable energy, water and energy stocks. Get stock alerts and hot news!Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/Follow Investorideas.com on Twitter http://twitter.com/#!/InvestorideasFollow Investorideas.com on Facebook http://www.facebook.com/InvestorideasDisclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising .www.InvestorIdeas.com/About/Disclaimer.aspBC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894Source - Investorideas.com800-665-0411
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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