UPDATE: Best Buy Posts Downbeat Q3 Profit - Best Buy Co (NYSE:BBY)

27% profits every 20 days?

This is what Nic Chahine averages with his options 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.

Best Buy Co (NYSE: BBY) posted a loss in the fiscal third quarter. Best Buy posted a quarterly loss of $10 million, or $0.03 per share, versus a year-ago profit of $156 million, or $0.43 per share. Excluding restructuring charges, Best Buy earned $0.03 per share. Its revenue declined to $10.75 billion from $11.1 billion. However, analysts were expecting a profit of $0.12 per share on revenue of $10.73 billion. Best Buy's comparable store sales dropped 4.3%.Best Buy shares dropped 5.67% to $12.97 in pre-market trading.

27% profits every 20 days?

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