August 23, 2012 6:12 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.
Big Lots, Inc. (NYSE: BIG), North America's largest broadline closeout value retailer, today announced executive promotions and certain organizational changes.Commenting on today's announcement, Steve Fishman, Chairman, CEO and President stated, "I've always believed our people are our greatest asset and that we continue to develop some of the most talented leaders in the retail industry. As our business continues to evolve, we are positioning our company for the future and rewarding performance of five of our more tenured executives." The following promotions are effective immediately:Lisa M. Bachmann has been promoted to EVP, Chief Operating Officer. In her new role, she will assume responsibility for Store Operations, while retaining responsibility for the Merchandise Planning and Allocation, Information Technology and Distribution and Transportation Services departments. Ms. Bachmann will continue to serve as the company's Chief Information Officer and will continue to report directly to Mr. Fishman. Bachmann joined Big Lots in 2002 as Senior Vice President, Merchandise Planning/Allocation, and in July 2005, she assumed the additional role of Chief Information Officer. In March 2010, she was promoted to Executive Vice President and assumed responsibility for Distribution and Transportation services. Charles W. Haubiel II has been
See full press release
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.