August 24, 2012 7:06 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.
Forest Laboratories, Inc. (NYSE: FRX) ("Forest") today announced that IVS Associates, Inc. (“IVS”), the independent inspector of elections, has certified the final voting results for the Company's Annual Meeting, which was held on August 15, 2012. The certified results confirm that nine of the Company's ten director nominees were elected to the Forest Board of Directors. The IVS report has also confirmed that one of Carl Icahn's four nominees, Pierre Legault, has been elected to the Board. Forest's board will now consist of: Nesli Basgoz, M.D.; Christopher J. Coughlin; Kenneth E. Goodman; Pierre Legault; Gerald M. Lieberman; Lawrence S. Olanoff, M.D., Ph.D.; Lester B. Salans, M.D.; Brenton L. Saunders; Howard Solomon; and Peter J. Zimetbaum, M.D.
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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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