May 15, 2014 10:39 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.
Gentiva Health Services (NASDAQ: GTIV) shares moved up 63.98% to $14.00. The volume of Gentiva Health shares traded was 2201% higher than normal. Gentiva Health received a proposal to be acquired by Kindred Healthcare (NYSE: KND) for $14.00 per share.Vipshop Holdings (NYSE: VIPS) shares rose 5.42% to $158.12. The volume of Vipshop shares traded was 410% higher than normal. Vipshop reported better-than-expected Q1 earnings and issued a strong forecast.Cisco Systems (NASDAQ: CSCO) shares climbed 7.76% to $24.58. The volume of Cisco shares traded was 342% higher than normal. Cisco reported stronger-than-expected fiscal third-quarter results. Cisco reported adjusted earnings of $0.51 per share on revenue of $11.55 billion. However, analysts were projecting earnings of $0.48 per share on revenue of $11.36 billion..Clovis Oncology (NASDAQ: CLVS) surged 11.72% to $57.08. The volume of Clovis Oncology shares traded 339% higher than normal. Clovis Oncology rose on announcement of presentation of clinical data as ASCO.
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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