March 21, 2012 4:32 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.
General Moly, Inc. (NYSE: GMO) today, through its 80% controlled subsidiary Eureka Moly, LLC, announced that the $12 million global settlement offer presented on March 6, 2012 to Eureka County and other stakeholders was rejected by Eureka County, without counter-offer. The Good Neighbor Offer was made to principally resolve the outstanding water rights appeal, and was comprised of $3 million to be paid to the Appellants immediately upon signing of an agreement and dismissal of all appeals before the Nevada District Court and $5 million contributed over time to the Diamond Valley Sustainability Trust. The funds were to have augmented the existing $4 million Diamond Valley Sustainability Trust announced in August 2010, and bring the total commitment to $12 million.
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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