February 22, 2012 8:38 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.
Dell Inc (NASDAQ: DELL) moved down 6.81% to $16.97 in the pre-market session. Dell reported a FQ4 profit, excluding items, of $0.51 per share on revenue of $16.03 billion. However, analysts were projecting a profit of $0.52 per share on revenue of $15.97 billion. Newfield Exploration Company (NYSE: NFX) shares fell 6.51% to $39.50 in the pre-market trading. Analysts at Citigroup downgraded NFX from “buy” to “neutral.”Partner Communications Company (NASDAQ: PTNR) dipped 4.99% to $8 in the pre-market session. PTNR projects a drop in Q4 profit.Westport Innovations Inc (NASDAQ: WPRT) dipped 2.87% to $44.35 in the pre-market session. WPRT reported that it is offering to sell 5,000,000 of its common shares.
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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