December 21, 2012 4:10 PM | 1 min read
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.
Third Federal Savings & LoanAssociation of Cleveland ("Third Federal"), a subsidiary of TFS FinancialCorporation (Nasdaq: TFSL), received written notification today that theMemorandum of Understanding ("MOU") put in place on February 7, 2011, by theOffice of Thrift Supervision ("OTS") on Third Federal, has been terminated bythe Office of the Comptroller of the Currency ("OCC"). The issues in theterminated MOU applied to the thrift operations of Third Federal.The MOU impacting TFS Financial Corporation and its mutual holding companyalso put in place on February 7, 2011, by the OTS, is still active. Now underthe regulation of the Federal Reserve, the MOU covers enterprise riskmanagement and places restrictions on stock dividends and buybacks. The MOUwill remain in effect until terminated, suspended, or modified by the FederalReserve.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.