UPDATE: Travelers Q1 Profit Surges 11%


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.


Travelers (NYSE: TRV) reported an 11% rise in its first-quarter profit. Travelers' quarterly profit surged to $896 million, or $2.33 per share, from $806 million, or $2.02 per share, in the year-ago period. Its revenue declined 1% to $6.33 billion from $6.39 billion. However, analysts were expecting earnings of $2.02 per share on revenue of $6.23 billion.Travelers shares gained 3.12% to $87.22 in pre-market trading.

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