July 6, 2010 9:07 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.
Fidelity National Information Services (NYSE: FIS) has confirmed its adjusted profit outlook for the second quarter. The company has unveiled its plan to raise new debt via the sale of a $1.2 billion note.The Jacksonville, Florida-based company forecast its adjusted profit outlook for the second quarter within a range of $0.45-$0.47 per share. The projections are in-line with the analyst expectations of $0.46 per share. FIS also forecasts a low-single digit percentage rise on a y/y basis in its June quarter revenue. FIS also announced its plan to buyback about $2.5 billion of its stock by using the proceeds from the sale of $1.2 billion notes. A part of the proceeds will also be used by FIS to pay off its previous debt associated with the acquisition of Metavante Technologies Inc.FIS’ shares gained 4.32% to $27.55 in pre-market trading.Read more
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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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