Casual Male Retail Group, Inc. Signs Franchise Agreement for a DestinationXL Store in Kuwait City, Kuwait


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.


Casual Male Retail Group, Inc. (NASDAQ: CMRG) today announced that its first DestinationXL® store in the Middle East will open this spring in Symphony Mall, Kuwait City, Kuwait under a franchise agreement between one of its subsidiaries and The Standard Arabian Business & Enterprises Company (SABECO). The franchise agreement governs the operation of the store and provides that within two years of the store's opening to the public, the Casual Male Retail Group, Inc. subsidiary has an option to purchase an equity interest in the store. The DestinationXL store is expected to open April, 2012.

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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