December 14, 2012 4:45 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 FirstBancorp (NASDAQ: FBNC), the parent company of First Bank, has declared a cashdividend on its common stock of $0.08 per share payable January 25, 2013 toshareholders of record as of December 31, 2012. The $0.08 per share dividendrate is the same as the rate declared in the comparable period of 2011.First Bancorp is a bank holding company headquartered in Troy, North Carolinawith total assets of approximately $3.3 billion. Its principal activity isthe ownership and operation of First Bank, a state-chartered community bankthat operates 98 branches, with 82 branches operating in North Carolina, 9branches in South Carolina and 7 branches in Virginia, where First Bank doesbusiness as First Bank of Virginia. First Bank also has a loan productionoffice in Blacksburg, Virginia. First Bancorp's common stock is traded on theNASDAQ Global Select Market under the symbol "FBNC."
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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