January 7, 2014 4:13 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.
Some of the stocks that may grab investor focus today are:Wall Street expects Commercial Metals Company (NYSE: CMC) to report its Q1 earnings at $0.24 per share on revenue of $1.74 billion. Commercial Metals shares gained 1.87% to $20.15 in after-hours trading.Palo Alto Networks (NYSE: PANW) reported that it has bought privately held Morta Security. Financial terms of the transaction were not disclosed. Palo Alto shares surged 7.07% to $61.93 in the after-hours trading session.Analysts expect Micron Technology (NASDAQ: MU) to post its Q1 earnings at $0.44 per share on revenue of $3.72 billion. Micron shares rose 0.10% to $20.69 in after-hours trading.Sonic (NASDAQ: SONC) reported a 34% surge in its fiscal first-quarter net income. Sonic shares climbed 3.95% to $20.01 in the after-hours trading session.Convergys (NYSE: CVG) announced its plans to acquire Stream Global Services for $820 million in cash. Convergys also reaffirmed its outlook for 2013. Convergys shares jumped 18.65% to $24.75 in after-hours 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.