June 21, 2012 12:45 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.
In 2011 it raked in $216 million in revenue and converted $186 million to earnings, which is an amazing 86% profit marginBusiness is good for cashing golden royalty checks these days... Not even the huge gold stock selloff has derailed one of my favorite gold investments. And if you're looking for a safe precious metals investment, you should start your search with this idea. Regular DailyWealth readers are familiar with the idea of precious metal royalty companies. "Royalty" companies don't mine any gold or silver of their own. Instead, they finance lots of early-stage mining projects, then earn royalties on mine production if things work out. This is a safer, more diversified way to invest in the gold-mining business, rather than owning a company focused on one big strike. Major precious metal royalty firms include Franco-Nevada, Royal Gold, and Silver Wheaton. With gold over $1,500 an ounce right now, these businesses are minting money... And they've turned in amazing share price performances over the past few months... Continue reading this article
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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