October 26, 2012 2:03 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 Holly Energy Partners, L.P. (NYSE: HEP) has declareda cash distribution of $0.925 per unit for the third quarter of 2012. For theprior quarter, $0.91 was distributed to unitholders. Holly Energy hasincreased its distribution to unitholders every quarter since becoming apublic partnership in July 2004. This marks the 32nd consecutive quarterlyincrease. The distribution will be paid November 14, 2012, to unitholders ofrecord November 5, 2012.This release is intended to be a qualified notice under Treasury RegulationSection 1.1446-4(b). Please note that one-hundred (100.0%) percent of HollyEnergy Partner's distributions to foreign investors are attributable to incomethat is effectively connected with a United States trade or business.Accordingly, Holly Energy Partner's distributions to foreign investors aresubject to federal income tax withholding at the highest applicable effectivetax rate.
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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