November 13, 2012 1:27 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.
Some of the stocks that may grab investor focus today are:Wall Street expects Home Depot (NYSE: HD) to report its Q3 earnings at $0.70 per share on revenue of $17.92 billion. Home Depot shares fell 0.43% to $60.90 in after-hours trading.Jacobs Engineering Group (NYSE: JEC) reported its Q4 net earnings at $107.4 million, or $0.83 per share, up from net earnings of $94.3 million, or $0.74 per share, in the year-ago period. Excluding a one-time gain, Jacobs earned $0.80 per share. Jacobs shares dropped 0.25% to $39.19 in the after-hours trading session.Analysts expect TJX Companies (NYSE: TJX) to report its Q3 earnings at $0.61 per share on revenue of $6.37 billion. TJX shares gained 0.59% to close at $40.97 yesterday.Microsoft (NASDAQ: MSFT) reported that Windows unit head Steven Sinofsky will be leaving the company. Microsoft shares declined 2.12% to close at $28.22 yesterday.Weatherford International (NYSE: WFT) reported a decline in its third-quarter pre-tax earnings and issued downbeat fourth-quarter earnings forecast. Weatherford shares tumbled 4.78% to $10.36 in the after-hours trading session.
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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