July 9, 2012 8:28 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.
Teck ResourcesLimited (NYSE: TCK) ("Teck") announced today that ithas temporarily withdrawn the Social and Environmental Impact Assessment("SEIA") application for the Quebrada Blanca Phase 2 project. Teck is in theprocess of reviewing comments by the regulators, after which the applicationwill be resubmitted. Forward-Looking Statements This press release contains certain forward-looking statements within themeaning of the United States Private Securities Litigation Reform Act of1995 and forward-looking information as defined in the Securities Act(Ontario). Forward-looking statements include statements regarding Teck'splans to resubmit the Supplemental Environmental Impact Statement for theQuebrada Blanca Phase 2 project and the timing of the resubmittal.Forward-looking statements involve known and unknown risks, uncertaintiesand other factors, which may cause the actual result to be materiallydifferent from any future result expressed or implied by the forward-lookingstatements. Factors that may cause actual results to vary include, but are not limitedto, unanticipated changes in legislation or Government policy, difficultiesor delays in completing environmental studies, or other unanticipatedevents.
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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