April 8, 2014 6:16 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.
On April 1, 2014, Mr. Dickson V. Lee, Chief Executive Officer and Chairman of the Board of Directors of L & L Energy (NASDAQ: LLEN) notified the Company's Board of Directors that he is resigning his position as CEO and Chairman, effective immediately. The notice was provided in an 8-K filing. Mr. Lee resigned for personal reasons and not due to any disagreement with the Company. On March 27, 2014, the United States Department of Justice unsealed an indictment against Mr. Lee. Mr. Lee has pleaded not guilty to the charges brought forth against him.L&L Energy shares have been halted since November 18, 2013. On March 27, 2014 the SEC announced fraud charges against the company and Lee.
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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