June 24, 2013 4:07 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.
Some of the stocks that may grab investor focus today are:Wall Street expects Sonic (NASDAQ: SONC) to post its Q3 earnings at $0.26 per share on revenue of $147.54 million. Sonic shares dropped 1.45% to close at $14.30 on Friday.Shares of Oracle (NASDAQ: ORCL) dipped 9.26% on Friday after the company reported weak fiscal fourth-quarter revenue late Thursday. Oracle shares fell 0.45% to $30.00 in the after-hours trading session.Analysts expect Mitel Networks (NASDAQ: MITL) to post its Q4 earnings at $0.24 per share on revenue of $145.71 million. Mitel Networks shares declined 1.85% to close at $3.71 on Friday.Sanofi (NYSE: SNY) announced positive Phase 3 study results for its investigational new insulin U300. The company also announced positive data for once-daily lixisenatide for type 2 diabetes. Sanofi shares declined 0.07% to $51.31 in after-hours trading.Shares of Idenix Pharmaceuticals (NASDAQ: IDIX) fell 30.70% on Friday after the the US Food and Drug Administration on Thursday requested additional preclinical safety information for its IDX20963. Idenix shares dropped 0.14% to $3.55 in the after-hours trading session.
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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