February 27, 2014 10:16 AM | 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.
Walter Investment Management (NYSE: WAC) shares tumbled 13.33% to reach a new 52-week low of $24.51 after the company reported downbeat Q4 earnings.Swift Energy Co (NYSE: SFY) shares touched a new 52-week low of $9.46 after the company reported Q4 results.KMG Chemicals (NYSE: KMG) shares touched a new 52-week low of $14.51. KMG Chemicals declared a quarterly cash dividend of $0.03 per share and announced its plans to release its FQ2 results on March 12, 2014.Campus Crest Communities (NYSE: CCG) shares reached a new 52-week low of $8.51 after the company reported Q4 results. Baird downgraded the stock from Outperform to Neutral and cut the price target from $12.00 to $9.00.
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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