January 15, 2014 2:29 PM | 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.
Nu Skin Enterprises, Inc. (NYSE: NUS) statement on the People's Daily article:"The article that appeared in today's People's Daily contains inaccuracies andexaggerations that are not representative of Nu Skin's business in China. Thereporters did not attempt to verify any information with Nu Skin. We do notbelieve that the article was the result of any particular government inquiry."We are dedicated to operating in full compliance with applicable regulationsas interpreted and enforced by the government of China. Nu Skin has an 11-yearhistory of doing business in China under these regulations. Our businessactivities are regularly monitored by the government in this rapidly growingmarketplace. As is our practice, we will communicate openly with regulators toaddress questions arising from this article."Nu Skin has government-approved direct selling licenses to operate in amajority of provinces in China. The most recent government licensure in Julyfurther expanded our direct selling footprint to include 19 of the country's32 provinces."We actively educate our sales force to follow all regulations as well ascompany policies and procedures, and any member of our sales force notoperating in accordance with local law or with our company policies is subjectto discipline."
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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