November 28, 2011 9:22 AM | 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.
Kimber Resources Inc. (NYSE: KBX) announces the results of four further drill holes from its Monterde Project, Mexico. Three holes were drilled into the Carmen Deposit, with the objective of expanding and upgrading mineral resources potentially amenable to underground extraction, and one hole was a condemnation hole drilled in an area south of the Carmen deposit. "The intercept of 16.7 metres grading 5.3 g/t gold and 278.6 g/t silver in hole MTC-140 is one of a number of excellent intercepts in holes MTC-140 and MTC 144 where the Cob and Carmen structures were intersected successfully by core drilling." said Gordon Cummings, President and CEO of Kimber Resources. "These holes contribute additional evidence of strong gold-silver mineralization in the Carmen and Cob structures at deeper levels than drilled prior to 2011 and further advance our target of expanding the much higher grade portions of the Carmen deposit at depth."
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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