December 23, 2011 7:11 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.
Disclosure Insight has lowered its rating on Agco (NYSE: AGCO) to Medium Risk - Negative Bias from Medium Risk - Positive Bias to reflect risk of undisclosed SEC investigative activity on the company. Disclosure Insight says, "The risk of undisclosed SEC investigative activity; one-time items; related party transactions; and the chairman and CEO positions being held by one person support our opinion of a Medium Risk - Negative Bias rating for AGCO. In a letter dated 31-Oct-11, the SEC indicated that AGCO was involved in undisclosed investigative activity. AGCO recorded annual restructuring charges totaling $20 million. Martin Richenhagen has served as CEO since 2004 and Chairman since 2006."AGCO closed at $42.16 per share on Thursday.
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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