April 3, 2014 10:30 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.
Perry Ellis International (NASDAQ: PERY) shares rose 7.41% to $15.31. The volume of Perry Ellis shares traded was 319% higher than normal. Perry Ellis swung to a quarterly loss of $28.2 million, or $1.91 per share, versus a year-ago profit of $4.4 million, or $0.28 per share. Excluding special items, it earned $0.06 per share. Schnitzer Steel Industries (NASDAQ: SCHN) shares climbed 4.74% to $29.43. The volume of Schnitzer Steel Industries shares traded was 268% higher than normal. Schnitzer Steel reported upbeat Q2 earnings.NRG Yield (NYSE: NYLD) shares moved up 1.96% to $41.12. The volume of NRG Yield shares traded was 186% higher than normal. NRG Yield's trailing-twelve-month revenue is $ 313.00 million.Emerge Energy Services LP (NYSE: EMES) surged 6.38% to $70.50. The volume of Emerge Energy Services shares traded 143% higher than normal. Emerge Energy's PEG ratio is 0.67.
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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