UPDATE: Tyco Posts Drop In Q1 Profit

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.

Tyco International (NYSE: TYC) reported a drop in its first-quarter income. Tyco's quarterly net income declined to $163 million, or $0.34 per share, versus $322 million, or $0.69 per share, in the year-earlier period. Its profit from continuing operations surged 62% to $159 million, or $0.34 per share. Its adjusted income came in at $0.40 per share. Its revenue climbed 5% to $2.6 billion. However, analysts were expecting earnings of $0.40 per share on sales of $2.57 billion.Tyco shares closed at $30.70 yesterday.

27% profit every 20 days?

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