UPDATE: Manulife Posts Upbeat Q3 Profit - Manulife Financial (NYSE:MFC)

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.

Manulife Financial (NYSE: MFC) reported an upbeat third-quarter profit. Manulife posted a quarterly net income of C$1.03 billion ($989.01 million), or 54 Canadian cents per share, versus a year-ago loss of C$211 million, or 13 Canadian cents per share. Excluding special items, its core profit came in at 36 Canadian cents per share, versus analysts' estimates of 35 Canadian cents per share.Manulife's wealth sales climbed 34% to C$11.3 billion, while insurance sales gained 4%.Manulife shares closed at $17.95 yesterday.

27% profit every 20 days?

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