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.
Stephen M Boyd, Executive Vice President and President Wholesale Brokerage, made $409,083 from trading in Brown & Brown (NYSE:BRO) stocks.
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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What Happened: According to a filing with the U.S. Securities and Exchange Commission, Stephen M Boyd exercised options to sell Brown & Brown shares on Friday, August 27 at a price of $58.03 per share, for a netted profit of $409,083.
After the transaction, Stephen M Boyd still has a total of 44,193 of Brown & Brown stock worth $2,564,343, based on the price of $58.03.