June 26, 2012 8:26 AM | 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.
CACI International Inc (NYSE: CACI), a leading professional services and information technology solutions provider to the federal government, announced that it has executed its share repurchase program and has begun to repurchase four million shares of the Company's common stock. The Company expects to complete the program in approximately two months, depending upon market volume considerations. To date, the Company has repurchased 1.3 million shares at an average price of $50.56 per share. Under the share repurchase program, CACI is repurchasing the Company's common stock within two months pursuant to Rule 10(b)-18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The share repurchase program is being made pursuant to a plan in accordance with Rule 10b(5)-1 of the Exchange Act.
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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