Bank of East Asia H1 Net Profit Up 10% - Bank of East Asia (OTC:BKEAY)

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.

Bank of East Asia Ltd (OTC: BKEAY) reported a 10% rise in its first-half net profit. The bank's net profit surged to 2.99 billion Hong Kong dollars (US$386 million), versus HK$2.71 billion, in the year-ago period. However, analysts were expecting a net profit of HK$2.40 billion.Bank of East Asia shares closed at $3.42 yesterday.

27% profit every 20 days?

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