UPDATE: Wal-Mart de Mexico Posts Drop In Q4 Profit


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.


Wal-Mart de Mexico SAB (OTC: WMMVY) reported a 13% fall in its Q4 net profit.Wal-Mart Stores' Mexican unit posted its quarterly net profit of 7.30 billion Mexican pesos ($553 million), versus analysts' estimates of 123.3 billion pesos. Its sales at stores open more than 12 months fell 1.4% in the quarter. For the full year, the company's net profit fell 2.4% to 22.71 billion pesos, while sales gained 3.1% to 420.58 billion pesos.Wal-Mart de Mexico shares closed at $23.06 yesterday.

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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Posted In: EarningsNewsprofit