May 24, 2012 1:20 PM | 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.
Glu Mobile Inc. (NASDAQ: GLUU) today announced the launch of its new Android™ subscription service, Glu VIP Club. Glu also announced today a universal currency called Glu Credits for use across top Glu Android titles. The Glu VIP Club allows users to receive significant bonus Glu Credit value as part of a monthly membership fee. Glu Credits are a universal currency available for purchase by Glu gamers on Google Play™, and can be applied toward items in a game's store across top Glu Android titles. “The availability of subscriptions on Google Play marks a significant inflection point for mobile gaming on Android devices,” said Niccolo de Masi, President and CEO at Glu. “The Glu VIP Club leverages Glu Credits to offer compelling value and a frictionless experience to the growing community of Glu gamers on Android. We're pleased to be the first game developer to launch subscriptions and a universal currency across our rapidly expanding catalog of Android games.”
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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