UPDATE: Discovery Q3 Profit Surges 24%

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.

Discovery Communications (NASDAQ: DISCA) reported a 24% rise in its third-quarter profit. Discovery's quarterly profit surged to $255 million, or $0.71 per share, from a year-ago profit of $205 million, or $0.55 per share. Excluding special items, it earned $0.80 per share. Its revenue climbed 28% to $1.38 billion. However, analysts were projecting earnings of $0.72 per share on revenue of $1.39 billion.Discovery's revenue from US networks gained 10% to $733 million, while advertising revenue rose 12%.Discovery shares closed at $84.36 yesterday.

27% profit every 20 days?

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