Wolseley Posts Lower H1 Pretax 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.


Wolseley PLC (OTC: WOSYY) posted a fall in its fiscal first half 2013 pretax profit.In the half year, its revenue declined to GBP6.28 billion, from GBP6.84 billion, in the year-ago period.Its profit before tax dropped to GBP199 million from GBP250 million, while earnings per share rose to 79.9 pence from 77.0 pence.Wolseley shares closed at $4.93 yesterday.

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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Posted In: EarningsNewsPretax Profit