February 7, 2012 4:20 PM | 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.
Shares of The Walt Disney Company (NYSE: DIS) are trading lower in the after-hours following the release of the company's Q1 earnings results. Currently, shares are lower by 2.42%, trading at $39.99; they ended the regular session higher by 1.29%, at $40.98. Walt Disney reported Q1 EPS of $0.80 on revenues of $10.78 billion; the Street was looking for $0.72 per share. Operating income at Cable Networks increased $196 million to $967 million for the quarter due to growth at ESPN and, to a lesser extent, the worldwide Disney Channels."We're off to a good start in this fiscal year executing on our ongoing strategy, deriving greater value from our brands -- Disney, Pixar, Marvel, ESPN and ABC -- in the U.S. and around the globe," said Disney President and CEO Robert A. Iger. "We are confident that our commitment to creating and providing exceptional family entertainment on multiple platforms continues to position us to deliver long-term shareholder value."The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive Media.
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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