November 16, 2012 8:21 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.
Just before the close on Thursday, OSI Systems, Inc. (NASDAQ: OSIS) announced that on November 9, 2012Rapiscan Systems, its Security division, was delivered a show cause letterfrom the U.S. TSA. The letter, whichpertains to a privacy system Rapiscan was developing under contract for theTSA, alleges that Rapiscan did not disclose issues related to the developmentprocess in a timely or complete manner. Contrary to some press reports,Rapiscan did not falsify test data; in fact, TSA testimony to Congress todayconfirms that this was at all times a government controlled test and thatRapiscan could not have manipulated any test data.Furthermore, the evidence shows that Rapiscan delivered for testing the exactconfiguration previously disclosed to TSA and which TSA had approved.
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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