March 19, 2013 10:29 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.
AmerisourceBergen (NYSE: ABC) shares moved up 7.64% to $51.99 at 10:25 am. The volume of AmerisourceBergen shares traded was 837% higher than normal. Walgreen (NYSE: WAG) announced its plans to buy a stake in AmerisourceBergen.NPS Pharmaceuticals (NASDAQ: NPSP) shares climbed 16.95% to $10.57. The volume of NPS Pharmaceuticals shares traded was 710% higher than normal. NPS Pharmaceuticals re-gained marketing worldwide rights to teduglutide and recombinant human parathyroid hormone 1-84.Charter Communications (NASDAQ: CHTR) shares gained 0.88% to $98.90. The volume of Charter Communications shares traded was 318% higher than normal. Liberty Media (NASDAQ: LMCA) announced its plans to acquire a 27.3% stake in Charter for around $2.62 billion.Walgreen Co (NYSE: WAG) shares rose 7.08% to $45.44. The volume of Walgreen shares traded was 214% higher than normal. Walgreen reported an 11% rise in its FQ2 profit. The company also announced its plans to buy a stake in AmerisourceBergen.
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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