December 14, 2012 9:22 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.
SoundBite Communications(Nasdaq: SDBT), a provider of customer experience management solutions, todayannounced they received notification that the class action suit filed January11, 2012 in the United States District Court for the Northern District ofCalifornia against Bank of America and SoundBite as co-defendants has beendismissed. The class action lawsuit was aimed at the ambiguity in theTelephone Consumer Protection Act (TCPA) related to text messaging. Today's announcement followed another major, and related, win for the Companywith the favorable ruling received from the Federal Communications Commission(FCC) on November 29, 2012 on SoundBite's February 2012 Petition forDeclaratory Ruling. The ruling clarifies that sending a single opt-outconfirmation after a consumer opts out of receiving text messages from acompany does not violate the TCPA. The ambiguity surrounding the TCPA beforethe ruling in November was the crux of the class action suit.
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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