February 4, 2013 11:07 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.
Harry Winston Diamond Corporation (NYSE: HWD) ("Harry Winston") reports that it has been served with a formalNotice of Discontinuance of the court action brought by C. Fipke Holdings Ltdagainst BHP Billiton Canada Ltd, Harry Winston, Stuart Blusson, ArchonMinerals and various associated companies. The court action related to HarryWinston's proposed purchase of BHP Billiton's interests in the Ekati diamondmine. Harry Winston has been advised by BHP Billiton that all of its jointventure partners have agreed to waive their rights of first refusal in respectof the sale by BHP Billiton to Harry Winston pursuant to their existingpurchase agreements. The discontinuance of the action and waivers of therights of first refusal permit the transactions between Harry Winston and BHPBilliton to proceed, subject to satisfaction of closing conditions, includingregulatory approvals.
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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