December 17, 2012 4:00 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:Consol Energy (NYSE: CNX) announced its plans to cut 147 jobs. Consol Energy shares dropped 0.33% to close at $33.70 on Friday.Wall Street expects Diamond Foods (NASDAQ: DMND) to post its Q1 earnings at $0.23 per share on revenue of $274.44 million. Diamond Foods shares fell 1.21% to close at $13.83 on Friday.Loral Space & Communications (NASDAQ: LORL) appointed Avi Katz as the president of the company. Loral shares fell 1.08% to close at $54.17 on Friday.Shares of Apple (NASDAQ: AAPL) tumbled 3.76% on Friday after Steven Milunovich, an analyst at UBS, cut his price target on the stock from $780 to $700. Apple shares fell 0.45% to $507.50 in after-hours trading.First Bancorp (NASDAQ: FBNC) declared a cash dividend on its common stock of $0.08 per share. First Bancorp shares declined 2.38% to close at $4.11 on Friday.
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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