Volkswagen Reports 17.7% Surge In 2011 China Sales


27% profits every 20 days?

This is what Nic Chahine averages with his options 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.


Sales at Volkswagen AG (OTC: VLKAY) and its China joint ventures surged 17.7% to 2.26 million vehicles in China in 2011. Sales of Volkswagen-brand cars climbed 13.8% to 1.72 million vehicles in China including Hong Kong. However, sales of Audi cars jumped 37% to 313,000 vehicles. Volkswagen shares gained 0.95% to $29.84 in after-hours trading.

27% profits every 20 days?

This is what Nic Chahine averages with his options 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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Posted In: NewsChina sales