October 5, 2012 8:00 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.
Clearwater Paper Corporation (NYSE: CLW) today announced that Linda K. Massmanwill become the company's next chief executive officer, succeeding Gordon L.Jones, who will be retiring from his roles as chief executive officer andchairman of the board of directors, on December 31, 2012.Ms. Massman, currently president and chief operating officer, will begin aspresident and chief executive officer, effective January 1, 2013. Ms. Massmanwill also join Clearwater Paper's board of directors at that time.Additionally, vice chairman and lead director of the board, Boh A. Dickey, hasbeen appointed chairman of the board, effective January 1, 2013.“Linda has been an integral part of the company's ability to design andexecute its strategy from the beginning,” said Mr. Dickey. “She came toClearwater Paper as one of the company's original leaders after a rapidsuccession in finance and strategy development, and is now making the naturalprogression from chief operating officer to chief executive officer. She isthe right person to lead Clearwater Paper as we enter our next phase of growthand development."
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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