UPDATE: Citigroup Posts Upbeat Q1 Results - Citigroup (NYSE:C)

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.

Citigroup (NYSE: C) reported better-than-expected first-quarter results.Citigroup's quarterly profit surged to $3.94 billion, versus a year-ago profit of $3.81 billion. On a per-share basis, it earned $1.23. Excluding one-time items, its earnings rose to $1.30 versus $1.29. Its revenue declined to $20.12 billion. However, analysts were projecting earnings of $1.14 per share on revenue of $19.37 billion. Citigroup shares gained 3.98% to $47.50 in pre-market trading.

27% profits every 20 days?

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