January 9, 2013 6:05 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.
Pretium Resources (NYSE: PVG) ("Pretivm") is pleased to provide the following update on the progress of activities at its Brucejack Project in northern British Columbia.Valley of the Kings Access RampExcavation of the access ramp to the Valley of the Kings from the West Zone historical workings is now underway, with the widening of the West Zone historical workings completed. The access ramp to the Valley of the Kings from the West Zone is planned to total 546 meters in length, and is targeting the 1345 meter level at the 426600 cross-section of the Valley of the Kings. A total of 71 meters of the access ramp has been excavated since the turn towards the Valley of the Kings from the West Zone was initiated late last year. The ramp is expected to access the Valley of the Kings in April.In addition to targeting an area of mineralization for the bulk sample, the current ramp alignment will allow acceleration of production development as it will be used to provide multiple headings for excavation of the planned production declines. A channel sampling program along the ramp will be conducted as work progresses, as
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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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