January 11, 2013 3:12 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:American Express (NYSE: AXP) announced its plans to lower around 5,400 jobs this year. American Express shares dropped 0.46% to $60.51 in the after-hours trading session.Wall Street expects Wells Fargo & Company (NYSE: WFC) to report its Q4 earnings at $0.89 per share on revenue of $21.29 billion. Wells Fargo shares gained 0.48% to $35.57 in after-hours trading.Synnex (NYSE: SNX) reported upbeat fourth-quarter profit. However, the company issued weak revenue view. Synnex shares dropped 0.67% to $35.60 in after-hours trading.Chevron (NYSE: CVX) projects Q4 profit to be "notably higher" than Q3 profit. Chevron shares gained 0.84% to $111.40 in the after-hours trading session.Xyratex (NASDAQ: XRTX) reported narrower-than-expected Q4 loss. However, it issued downbeat Q1 revenue forecast. Xyratex shares dipped 6.61% to $7.63 in after-hours trading.
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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