August 5, 2013 10:34 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.
FreightCar America (NASDAQ: RAIL) shares moved up 8.84% to $19.70. The volume of FreightCar America shares traded was 598% higher than normal. FreightCar America posted a Q2 net loss of $3.4 million on revenue of $47.1 million.Onconova Therapeutics (NASDAQ: ONTX) shares rose 13.73% to $26.83. The volume of Onconova Therapeutics shares traded was 443% higher than normal. Onconova's trailing-twelve-month revenue is $47.11 million.Synchronoss Technologies (NASDAQ: SNCR) shares climbed 5.04% to $36.24. The volume of Synchronoss Technologies shares traded was 287% higher than normal. Synchronoss's PEG ratio is 1.29.Tyson Foods (NYSE: TSN) surged 3.09% to $29.39. The volume of Tyson Foods shares traded was 204% higher than normal. Tyson reported a rise in its third-quarter profit.
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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