April 8, 2013 11:44 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.
Lufkin Industries (NASDAQ: LUFK) shares climbed 37.71% to $88.04. The volume of Lufkin shares traded was 2600% higher than normal. General Electric Co (NYSE: GE) announced its plans to buy Lufkin for $3.3 billion in cash.Icahn Enterprises LP (NASDAQ: IEP) shares gained 9.32% to $60.70. The volume of Icahn Enterprises shares traded was 1054% higher than normal. Icahn has a dividend yield of 7.20%).ExamWorks Group (NYSE: EXAM) shares moved up 6.75% to $18.18. The volume of ExamWorks Group shares traded was 258% higher than normal. ExamWorks Group shares have surged 43.47% over the past 52 weeks, while the S&P 500 index has gained 12.38% in the same period.Uni-Pixel (NASDAQ: UNXL) shares rose 5.80% to $28.57. The volume of Uni-Pixel shares traded was 245% higher than normal. Uni-Pixel signed multi-million dollar preferred price and capacity license with Ecosystem partner for UniBoss touch screen technology.
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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