January 24, 2013 2:01 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.
Old National Bancorp's(NYSE: ONB) Board of Directors declared an increase in its quarterly commonstock dividend to $.10 per share on the Company's outstanding shares. This newdividend level represents an 11.1% increase over the previous cash dividendlevel of $.09 per common share. The dividend is payable March 15, 2013, toshareholders of record on March 1, 2013. For purposes of broker trading, theex-date of the cash dividend is February 27, 2013.Old National also announced that its Board of Directors has approved a plan torepurchase, as conditions warrant, up to 2.0 million shares of Old NationalBancorp common stock through January 31, 2014. These shares may be purchasedfrom time to time in either the open market or in privately negotiatedtransactions, in accordance with SEC regulations.
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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