Standard Chartered H1 Net Profit Drops 24% - Standard Chartered (OTC:SCBFF)

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.

Standard Chartered PLC (OTC: SCBFF) reported a 24% drop in its net profit for the first half of the year. The bank's net profit for the period fell to $2.13 billion, from $2.81 billion, in the year-ago period. Its operating income climbed to $9.75 billion from $9.37 billion, while operating expenses rose 3% to $5.03 billion.Standard Chartered shares closed at $23.52 yesterday.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!