Agricultural Bank of China H1 Profit Rises 13.6%


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.


Agricultural Bank of China (OTC: ACGBY) posted a 13.6% rise in its operating profit in the first half of the year.The bank's operating profit surged to 24.3 billion yuan ($3.96 billion) in the first half. Its nonperforming-loan ratio declined 0.07 percentage point to 0.92%.Agricultural Bank of China shares closed at $10.17 on Friday.

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: EarningsNewsoperating profit