May 30, 2014 12:04 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.
Vringo, Inc. (NASDAQ: VRNG), a company engaged inthe innovation, development and monetization of intellectual property andmobile technologies, today announced that the Patent Re-Examination Board ofthe State Intellectual Property Office of the People's Republic of China hasupheld the validity of Chinese Patent ZL00806049.5, owned by Vringo'swholly-owned subsidiary Vringo Infrastructure, Inc. The patent, which is theChinese equivalent of European Patent 1,166,589, was placed intore-examination by ZTE Corporation on November 6, 2012.To date, ZTE Corporation has placed seven Vringo patents into re-examinationin China. As of today, the Patent Re-Examination Board has upheld the validityof two of these patents. Decisions on the validity of the other five patentsremain pending before the Board.ZTE retains the right to file an appeal against today's decision with theBeijing First Intermediate People's Court before August 30, 2014.
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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