April 3, 2012 3:22 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.
Some of the stocks that may grab investor focus today are:Cavium Inc (NASDAQ: CAVM) lowered its first-quarter forecast. CAVM shares dropped 2.42% to $29.83 in after-hours trading. Wall Street expects Conn's Inc (NASDAQ: CONN) to post its Q4 earnings at $0.29 per share on revenue of $221.4 million. CONN shares surged 7.43% to close at $16.49 yesterday.Avon Products Inc (NYSE: AVP) rejected a $10 billion unsolicited bid from Coty Inc. AVP shares gained 0.79% to $22.88 in the after-hours trading session.Analysts expect International Speedway Corp (NASDAQ: ISCA) to post its FQ1 earnings at $0.39 per share on revenue of $134.5 million. ISCA shares climbed 2.16% to close at $28.35 yesterday.Pep Boys - Manny, Moe & Jack (NYSE: PBY) posted a fourth-quarter loss of $0.08 per share. PBY shares gained 0.07% to close at $14.93 yesterday.
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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