November 14, 2013 7:42 AM | 1 min read |
27% profits every 20 days?
This is what Nic Chahine averages with his options 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.
Wal-Mart Stores (NYSE: WMT) reported a 2.8% rise in its fiscal third-quarter earnings and narrowed its full-year earnings outlook.Wal-Mart now expects full-year earnings of $5.11 to $5.21 per share, versus its earlier forecast of $5.10 to $5.30 per share. It also projects current-quarter earnings of $1.60 to $1.70 per share, versus analysts' estimates of $1.69 per share. Wal-Mart's quarterly profit surged to $3.74 billion, or $1.14 per share, from a year-ago profit of $3.64 billion, or $1.08 per share. The company in August expected earnings of $1.11 to $1.16 per share. Its revenue climbed 1.7% to $115.69 billion, versus analysts' estimates of $116.81 billion.Wal-Mart shares fell 0.86% to $78.22 in pre-market trading.
27% profits every 20 days?
This is what Nic Chahine averages with his options 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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