UPDATE: Schlumberger Posts Rise In Q1 Profit - Schlumberger (NYSE:SLB)

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.

Schlumberger (NYSE: SLB) reported a 26% gain in its first-quarter earnings.Schlumberger's quarterly profit surged to $1.59 billion, or $1.21 per share, versus $1.26 billion, or $0.94 per share, in the year-ago quarter. Its revenue climbed 6.3% to $11.24 billion. However, analysts were expecting a profit of $1.20 per share on revenue of $11.49 billion.Schlumberger shares closed at $100.94 yesterday.

27% profits every 20 days?

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