February 24, 2012 12:24 PM | 1 min read
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Ford (F: 12.31, -0.09, -0.73%) opened its third assembly plant in China on Friday, a move that puts it on track to double the number of dealerships in the car-hungry country by 2015 and outpace rivals.The Detroit automaker has been trying to expand in Asia to meet demand in the world's biggest auto market. The $490 million factory will increase Ford's passenger car capacity in China by one-third, or 150,000 units, to 600,000.The company said the 1-million-square-meter Chongqing plant, which it opened through a joint venture with Changan Ford Mazda Automobile, will focus on building Ford's next-generation Ford Focus underscores its “aggressive expansion in the Asia Pacific and Africa region.”Continue reading this article
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27% profits every 20 days?
This is what Nic Chahine averages with his options 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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