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.
- Covidien PLC (NYSE: COV) reported upbeat fiscal first-quarter earnings. Covidien's quarterly earnings declined to $398 million, or $0.87 per share, versus $493 million, or $1.03 per share, in the year-ago period. To read the full news, click here.
- Renren (NYSE: RENN) announced that Baidu Holdings Limited, a subsidiary of Baidu,. (NASDAQ: BIDU), Nuomi Holdings and Renren have entered into a definitive agreement, pursuant to which Baidu Holdings Limited will acquire Renren's remaining stake in Nuomi. To read the full news, click here.
- The9 Limited (NASDAQ: NCTY) today announced that its subsidiary, Red5 Studios, and two shareholders have entered into share purchase agreements for the issue and sale of Series B Preferred Stock and common stocks of Red 5 to Shanghai Oriental Pearl Culture Development Co Ltd, respectively, for an aggregate of approximately $23 million consideration, subject to adjustment as set forth in the share purchase agreements. To read the full news, click here.
- XenoPort (NASDAQ: XNPT) announced today the pricing of an underwritten registered public offering of 12,000,000 shares of its common stock at a price to the public of $6.00 per share. To read the full news, click here.
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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