October 28, 2013 10:32 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.
Furmanite (NYSE: FRM) shares moved up 7.29% to $11.62. The volume of Furmanite shares traded was 872% higher than normal. Furmanite is expected to hold a conference call to discuss its Q3 results on November 1, 2013.NQ Mobile (NYSE: NQ) shares rose 5.79% to $11.24. The volume of NQ Mobile shares traded was 519% higher than normal. NQ Mobile's PEG ratio is 0.26.Fusion-io (NYSE: FIO) shares climbed 11.64% to $10.65. The volume of Fusion-io shares traded was 295% higher than normal. Fusion-io shares have dropped 59.58% over the past 52 weeks, while the S&P 500 index has gained 24.62% in the same period.Biogen Idec (NASDAQ: BIIB) surged 1.46% to $255.93. The volume of Biogen Idec shares traded was 277% higher than normal. Biogen Idec reported a 22% rise in its third-quarter earnings and lifted its full-year view.
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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