Mitsui Quarterly Profit Declines 24%


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.


Mitsui & Co (OTC: MITSY) reported a 24% drop in its latest fiscal quarter profit. Mitsui's quarterly net profit fell to Y85.6 billion ($930 million), from Y112.9 billion, in the year-ago period. Its operating profit declined to Y48.6 billion from Y94.7 billion, while revenue rose to Y1.813 trillion from Y1.317 trillion.Mitsui shares fell 1.05% to close at $298.87 on Friday.

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.


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Posted In: EarningsNewsprofit