September 28, 2012 5:11 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.
EntergyArkansas in conjunction with ITC Holdings Corp. (NYSE: ITC) and ITCMidsouth LLC, filed a request today at the Arkansas Public Service Commissionto spin off the Arkansas electric transmission business and merge it into asubsidiary of ITC. The Arkansas filing continues the multi-state and federalregulatory process seeking approval for the transaction announced last year byEntergy Corporation (NYSE: ETR) and ITC.The transaction is a significant step toward meeting the challenges facing theentire electric industry –challenges driven by the need to upgradeinfrastructure, modernize equipment and meet growing environmental andcompliance requirements. The Arkansas filing aligns with the companies'regulatory schedule and is responsive to the timetable set forth by theArkansas Public Service Commission (APSC)."This initiative lays the groundwork for the 21^st century electric gridserving Arkansas and the region," said Hugh McDonald, president and chiefexecutive officer of Entergy Arkansas, Inc. "It results in two companies thatare stronger in many ways – operationally, financially, and strategically –and that are best positioned to meet the growing demands placed on theelectric industry."
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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