July 23, 2013 5:00 PM | 1 min read
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.
The Japan Fair Trade Commission today notified Archer Daniels Midland Company (NYSE: ADM) of its approval of ADM's proposed acquisition of GrainCorp Limited. This brings the number of government agencies that have cleared the acquisition to five. South Africa's Competition Commission and Canada's Competition Bureau cleared the acquisition earlier this month, and the Australian Competition and Consumer Commission did so in June. The United States Federal Trade Commission also approved the acquisition last November. ADM continues to work with regulators in Australia, China, the European Union, and South Korea. About ADM For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve vital needs. Today, 30,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa into products for food, animal feed, industrial and energy uses. With more than 265 processing plants, 460 crop procurement facilities, and the world's premier crop transportation network, ADM helps connect the harvest to the home in more than 140 countries. For more information about ADM and its products, visit www.adm.com.
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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