June 17, 2014 10:37 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.
Amira Nature Foods (NYSE: ANFI) shares moved up 16.83% to $15.20. The volume of Amira Nature shares traded was 1145% higher than normal. Amira Nature reported better-than-expected fourth-quarter earnings.Covidien plc (NYSE: COV) shares rose 1.41% to $87.97. The volume of Covidien shares traded was 591% higher than normal. On Sunday, Medtronic (NYSE: MDT) agreed to acquire Covidien for $42.9 billion in cash and stock.TW Telecom (NASDAQ: TWTC) shares climbed 2% to $39.77. The volume of TW Telecom shares traded was 472% higher than normal. On Monday, TW Telecom agreed to be acquired by Level 3 Communications (NYSE: LVLT) in a stock-and-cash transaction valued at $40.86 per share.GW Pharmaceuticals plc (NASDAQ: GWPH) surged 13.97% to $88.04. The volume of GW Pharmaceuticals shares traded 439% higher than normal. GW Pharma shares jumped following the release of positive report on Epidiolex.
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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