July 11, 2013 7:01 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.
Limited Brands, Inc. (now known as L Brands, Inc.) (NYSE: LTD) reported net sales of $1.101 billion for the five weeks ended July 6, 2013, compared to net sales of $1.077 billion for the five weeks ended June 30, 2012. The company reported flat comparable store sales for the five weeks ended July 6, 2013, compared to the five weeks ended July 7, 2012. (Logo: http://photos.prnewswire.com/prnh/20020520/CLM001LOGO )The company reported net sales of $4.106 billion for the 22 weeks ended July 6, 2013, an increase of 5 percent compared to sales of $3.903 billion for the 22 weeks ended June 30, 2012. The company reported a comparable store sales increase of 2 percent for the 22 weeks ended July 6, 2013, compared to the 22 weeks ended July 7, 2012. To hear further commentary provided on Limited Brands' prerecorded June sales message, call 1-866-639-7583 (1-866-NEWS-LTD), or log onto www.LimitedBrands.com for an audio replay. ABOUT LIMITED BRANDS:Limited Brands, through Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, is an international company. The company operates 2,617 specialty stores in the United States and its brands are sold in more than 700 company-operated and franchised additional locations world-wide. The company's products are also available online at www.VictoriasSecret.com, www.BathandBodyWorks.com, www.HenriBendel.com and www.LaSenza.com.
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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