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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- Progress Software (NASDAQ: PRGS) - down 10% - Sees Q1 EPS $0.27-0.28 vs $0.31 est; sees sales $74.0M-75.0M vs $81.30M est.
- FireEye (NASDAQ: FEYE) - down 9.6% - Priced its follow-on public offering of 14 million shares at $82.00 per share.
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- Alimera Sciences (NASDAQ: ALIM) - down 2.8% - Files to sell up to 6.25M shares at $6.85/share - S-3.
- Safeway (NYSE: SWY) - down 2.7% - Agreed to be sold for $9B to private equity firm Cerberus Capital. Downgraded by BB&T Capital from Buy to Hold and removes $44 price target. Upgraded by UBS from Sell to Neutral.
- Artisan Partners (NYSE: APAM) - down 0.3% - Prices 8.073M share offering at $62.00/share.
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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