June 18, 2014 10:03 AM | 1 min read
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.
Adobe Systems (NASDAQ: ADBE) shares reached a new 52-week high of $74.345 after the company reported stronger-than-expected second-quarter earnings. Adobe reported its adjusted earnings of $0.37 per share, beating analysts' estimates of $0.30 per share.CH Robinson Worldwide (NASDAQ: CHRW) gained 1.33% to reach a new 52-week high of $63.07. CH Robinson's trailing-twelve-month ROE is 32.84%.FedEx (NYSE: FDX) shares rose 5.11% to touch a new 52-week high of $147.48 after the company reported upbeat quarterly results. The company posted FQ4 earnings of $2.46 per share, beating analysts' estimates of $2.36 per share.Reynolds American (NYSE: RAI) shares touched a new 52-week high of $61.01. Reynolds American shares have jumped 25.96% over the past 52 weeks, while the S&P 500 index has gained 19.22% in the same period.
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.
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