August 22, 2012 5:08 PM | 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.
Broadwind Energy, Inc. (NASDAQ: BWEN) announced today that it intends toeffect a reverse split of its common stock at a ratio of 1 post-split sharefor every 10 pre-split shares. The reverse stock split will become effectiveat 11:59 p.m. ET on Wednesday, August 22, 2012. Broadwind's common stockwill continue to be traded on the NASDAQ Capital Market under the symbol"BWEN" and will begin trading on a split-adjusted basis when the marketopens on Thursday, August 23, 2012. At an annual meeting of stockholdersheld on May 4, 2012, Broadwind's stockholders granted the Board of Directorsthe discretion to effect a reverse stock split of Broadwind's common stockthrough an amendment to its Certificate of Incorporation at a ratio of notless than 1-for-5 and not more than 1-for-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.
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