December 14, 2011 3:45 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.
December 14, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for December 13, 2011. The Standard & Poor's/TSX Composite Index plunged 147.95 (1.24%) to close the day at 11,759.94.Connacher Oil and Gas Limited (TSX: CLL) shares were the most actively traded on the TSX and fell 0.12 (13.33%) to close the day at C$0.78 on over 18.68 million shares. The company said that its board has decided not to pursue the unsolicited takeover offer it received from a third party, sending shares down around 10%. The company said the offer was not "compelling", and that it continues to pursue joint venture deals.Lake Shore Gold Corp. (TSX: LSG) slid 0.08 (6.20%) to C$1.21 on over 3.60 million shares, compared to its average volume of 3.89 million shares as gold prices slid another 2%. Lake Shore Gold Corp. (Lake Shore Gold) is a gold mining company. It is engaged in exploration and development of a number of projects and exploration properties.Manulife Financial Corp. (TSX: MFC) fell 0.38 (3.48%) to end at C$10.53 with the broader market correction. Manulife Financial Corporation (MFC) is a life insurance and a holding company of The Manufacturers Life Insurance Company (MLI) and John Hancock Reassurance Company, Ltd. MFC is a financial services company serving customers in 22 countries around the world.Ivanhoe Mines, Ltd.(TSX: IVN) fell 4.71 (22.13%) to close at C$16.67 after Rio Tinto may consider raising its stake in Ivanhoe, but says it doesn't currently plan a takeover bid for the copper and gold miner.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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