May 1, 2014 3:27 PM | 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.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) has announced preliminary results of the shareholder vote at itsannual meeting here today. The company reported that a substantial majority ofthe shareholders approved the following management proposals: o Election of each of Verizon's 11 directors standing for election to a one-year term. o Ratification of the appointment of Ernst & Young as the company's independent registered public accounting firm. o Approval of the compensation of the company's executive officers as described in the 2014 proxy statement. o Approval of the proposal to implement proxy access, which allows shareholders to nominate Board candidates under certain conditions.Five shareholder proposals were defeated: network neutrality, lobbyingactivities, severance approval policy, shareholder right to call a specialmeeting and shareholder right to act by written consent. The shareholderproposal relating to proxy voting authority was not presented for shareholderaction at the meeting.Vote tallies are considered preliminary until the final results are tabulatedand certified by independent election inspectors. The final results will beposted on Verizon's website at www.verizon.com.
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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