DBS Q2 Net Profit Up 10%


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.


DBS Group Holdings Ltd (OTC: DBSDY) reported a 10% rise in its second-quarter net profit.DBS Group's quarterly net profit surged to 810 million Singapore dollars (US$648 million), from S$735 million, in the year-ago period. However, analysts were expecting a net profit of S$797 million. Its net interest income surged 10% to S$1.32 billion from S$1.20 billion.DBS Group shares closed at $46.60 yesterday.

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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Posted In: EarningsNewsprofit