October 23, 2012 6:15 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.
The Board of Directors of IDT Corporation (NYSE: IDT) today decided to pay a special dividend of $0.60 per share to holders of its Class A and Class B common stock. IDT has also suspended payment of its regular $0.15 quarterly dividends for its 2013 fiscal year, the twelve months ending July 31, 2013. The special dividend will be paid on or about November 13, 2012 to stockholders of record of as of the close of business on November 5, 2012. The ex-dividend date will be November 1, 2012. For tax purposes, the $0.60 per share payment will be treated as a return of capital and not as a dividend. Payments classified as returns of capital generally reduce the basis in
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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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