May 11, 2012 7:45 AM | 29 seconds 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.
Credit Suisse downgraded Best Buy Co Inc (NYSE: BBY) from “outperform” to “neutral.” BBY's shares closed at $19.94 yesterday. Best Buy's trailing-twelve-month profit margin is -2.43%.Macquarie downgraded GeoEye Inc (NASDAQ: GEOY) from “outperform” to “neutral.” GEOY's stock closed at $22.64 yesterday. GeoEye's trailing-twelve-month ROA is 4.90%.RW Baird downgraded PSS World Medical Inc (NASDAQ: PSSI) from “outperform” to “neutral.” PSSI's shares closed at $20.66 yesterday. PSS World Medical's trailing-twelve-month operating margin is 6.42%.FBR Capital downgraded JPMorgan Chase & Co (NYSE: JPM) from “outperform” to “market perform.” JPM's shares closed at $40.74 yesterday. JPMorgan's trailing-twelve-month ROE is 10.15%.
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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