Chalco Posts H1 Net Loss


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.


Aluminum Corp of China Ltd (NYSE: ACH) posted a net loss in the first half of the year.Chalco posted a net loss of 3.25 billion yuan ($512 million) for the six months ended June 30, versus a year-ago net profit of CNY413 million. Its revenue climbed 9% to CNY71.70 billion, from CNY65.97 billion. Chalco shares gained 0.09% to close at $10.69 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: EarningsNewsloss