August 2, 2013 5:11 PM | 2 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.
Effective 5:00 PM Eastern Time, TimeWarner Cable has dropped CBS in New York City, Los Angeles, Dallas and severalother markets. We deeply regret this ill-advised action, which is injuriousnot only to our many affected viewers, but also to Time Warner Cable itself.Throughout this process, Time Warner Cable has conducted negotiations in acombative and non-productive spirit, indulging in pointless brinksmanship anddistorted public positioning – such as the fictional and ridiculous 600%increase CBS supposedly demanded – while maintaining antiquated positions nolonger held by any other programming distributor in the business. CBS, for itspart, is eager to make an agreement in line with the kind it has struck withevery other cable, satellite and telco provider, and has continually soughtreasonable term extensions to get that job done. This is the first time in itshistory that CBS has been dropped from a cable system. Time Warner Cable, onthe other hand, has a long history of taking channels off the air – more than50 in the last five years alone. It has also chosen to drop Showtime, which isowned by CBS, a move that is completely unnecessary and totally punitive toits subscribers.What CBS seeks, and what we always have sought from the beginning, is faircompensation for the most-watched television network with the most popularcontent in the world. We will not accept less. We will not sign away rightsnot granted to others. We will not give up our channel position or any otherasset by which our viewers identify us. We will also not be subjected topointless maneuvers like a series of one-hour extensions and mini-drops thatdo nothing for either side but annoy our viewers. We hope and believe thisperiod of darkness will be short and that we can all get back to the businessof providing the best entertainment, news and sports to the Time Warner Cablecustomers we both serve.SOURCE CBS CorporationContact: Dana McClintock, 212-975-1077, dlmcclintock@cbs.com; Shannon Jacobs,212-975-3161, sljacobs@cbs.com-0- Aug/02/2013 21:09 GMT
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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