January 17, 2012 11:00 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.
Kingold Jewelry, Inc. (NASDAQ: KGJI) ornaments and investment-oriented products, today announced that it has opened its first direct retail store in City of Wuhan, one of China's largest cities where the company is headquartered in.The first Kingold Jewelry Store is located inside the Wuhan World Trade Plaza. Wuhan World Trade Plaza, a 60-story high landmark building in the center of downtown Wuhan, has more than 80,000 square meters of retail shopping area. Wuhan World Trade Plaza Mall, along with two adjunct retail complexes (Wuhan Square and Wuhan International Plaza), is considered the largest and business shopping mall area in Hubei province. According to estimates, this area accounts for about 60% of retail gold jewelry sales in Wuhan. The new Kingold Jewelry Store will sell a wide range of Kingold's owned, designed and manufactured products, include 24 karat gold jewelry, household ornaments, investment related products such аѕ gold coins and bars.
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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