Credit Suisse Posts Q4 Loss


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.


Credit Suisse Group AG (NYSE: CS) swung to a loss in the fourth quarter. Credit Suisse posted a quarterly net loss of 637 million Swiss francs ($697 million), or a loss of 0.62 franc a share, versus a year-ago profit of CHF841 million, or 0.59 franc a share. Its net revenue dropped 38% to CHF4.49 billion, from CHF7.27 billion in the year-earlier period.Credit Suisse shares fell 1.85% to $27.13 in pre-market trading.

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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