July 24, 2012 7:05 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.
The Wet Seal, Inc. (Nasdaq: WTSLA) today issued the following statement from its Board of Directors in response to a letter received on July 23, 2012 from Clinton Group, Inc.: “The Wet Seal Board of Directors appreciates input from all of its stockholders and is committed to maximizing stockholder value. The Company has engaged in a series of discussions with the Clinton Group following their initial letter on June 15, 2012, and continues to review their recommendation regarding use of the Company's capital. Wet Seal is committed to maintaining an active dialogue with its shareholders and, as always, will continue to consider ways to maximize value for all stockholders.”
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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