UPDATE: Freeport-McMoRan Posts Drop In Q4 Profit - Freeport-McMoRan (NYSE:FCX)

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.

Freeport-McMoRan Copper & Gold (NYSE: FCX) reported a drop in its fourth-quarter profit.Freeport-McMoRan's quarterly profit declined to $707 million, or $0.68 per share, versus a year-ago profit of $743 million, or $0.78 per share. Its adjusted earnings came in at $0.84 per share.Its revenue climbed to $5.89 billion from $4.51 billion. However, analysts were projecting a profit of $0.80 per share on revenue of $6.37 billion.Freeport-McMoRan shares dropped 1.50% to $34.73 in pre-market trading.

27% profits every 20 days?

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