November 25, 2013 8:59 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.
LRAD Corporation (Nasdaq: LRAD) today announced the receipt of two international orders for the LRAD 1000X, LRAD 100X and various accessories totaling $1.8 million that are scheduled to ship in the quarter ended December 31, 2013 to a national police force in Southeast Asia and a Latin American police agency. "Police and military organizations continue to see value in the dual-purpose LRAD family of products that allow for intelligible mass communication and emergency warning, and effective public safety and crowd control," noted Tom Brown, President and CEO of LRAD Corporation. "One of our main focuses this past year has been to increase our business development efforts in international markets, and these orders are the result of those efforts." Using proprietary technology and innovative designs, LRAD systems generate highly intelligible voice broadcasts from 300 meters to over 3.5 kilometers, providing public safety personnel with the ability to issue authoritative and readily understandable voice communications and warning tones that safely establish standoff zones, de-escalate tense situations, and save lives on both sides of the Long Range Acoustic Device®. Due to its extended frequency range,
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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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