UPDATE: Marsh & McLennan Posts Upbeat Q1 Profit

by Benzinga Staff
May 1, 2012 7:49 AM | 22 seconds read | Make a Comment

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.

Marsh & McLennan Co Inc (NYSE: MMC) posted a stronger-than-expected first-quarter profit.Marsh & McLennan's quarterly net income surged to $347 million, or $0.64 per share, versus $325 million, or $0.57 per share, in the year-ago period. On an adjusted basis, Marsh & McLennan earned $0.63 per share.Its revenue rose 6% to $3.05 billion. However, analysts were expecting earnings of $0.61 per share on revenue of $3.04 billion.Marsh & McLennan shares closed at $33.45 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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