May 15, 2010 2:23 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.
A Federal Appeals Court has decided to rehear the TiVo-EchoStar case. The case was filed by TiVo (NASDAQ: TIVO) against DISH Network (NASDAQ: DISH) and its sister company, EchoStar Corp. (NASDAQ: SATS), for alleged infringement of its patent rights. According to The Wall Street Journal, a three-judge panel of the U.S. Court of Appeals for the Federal Circuit had ruled in favor of TiVo, earlier. The ruling would have allowed TiVo to collect $300 million from DISH and EchoStar. DISH and EchoStar filed a petition in the court for reconsideration, and the Federal Circuit has granted that request. TiVo said, “We are disappointed that we do not yet have finality in this case despite years of litigation but we remain confident that the Federal Circuit's ruling in our favor will be reaffirmed after all of the judges on the Federal Circuit have had the opportunity to review the merits of this case.”
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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