ACS Posts Rise In Quarterly Profit - ACS Actividades (OTC:ACSAF)

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.

Spanish company Actividades de Construccion y Servicios SA (OTC: ACSAF) reported a 1.3% y/y rise in its quarterly net profit.ACS posted its quarterly net profit at EUR207 million, up from EUR204 million, in the year-ago period. Its revenue in Spain dropped 17.8% y/y to EUR9.03 billion from EUR3.69 billion.Its earnings before interest, taxes depreciation and amortization (EBITDA) gained to EUR664 million from EUR383 million.

27% profit every 20 days?

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