UPDATE: AutoNation Posts Upbeat Q2 Profit - AutoNation (NYSE:AN)

27% profits every 20 days?

This is what Nic Chahine averages with his options 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.

AutoNation (NYSE: AN) reported a rise in its second-quarter profit. AutoNation's quarterly profit surged to $78.6 million, or $0.64 per share, versus $71.9 million, or $0.48 per share, in the year-earlier period. Its adjusted profit gained to $0.66 per share from $0.49 per share. AutoNation's sales surged 17% to $3.9 billion from $3.3 billion. However, analysts were expecting earnings of $0.59 per share on sales of $3.75 billion.AutoNation shares closed at $42.45 yesterday.

27% profits every 20 days?

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