July 10, 2014 4:19 PM | 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.
MGIC Investment Corporation (NYSE: MTG) today issued an Operational Summary of its insurance subsidiaries for the month of June 2014 for their primary mortgage insurance. The summary is also available on the company's website at http://mtg.mgic.com, under Investor Information, Press Releases.The information concerning new notices and cures is compiled from reports received from loan servicers. The level of new notice and cure activity reported in a particular month can be influenced by, among other things, the date on which a servicer generates its report, the number of business days in a month, and by transfers of servicing between loan servicers. June 2014 Primary New Insurance Written (Billions) $3.2 Beginning Primary Delinquent Inventory (# of loans) 86,415 Plus: New Notices 7,556 Less: Cures 6,554 Less: Paids (including those charged to a deductible or captive) 1,900 Less: Rescissions and Denials (1) 101 Ending Primary Delinquent Inventory (# of loans) 85,416 (1) Refer to our Form 10-Q filed with the Securities and Exchange Commission on May 9, 2014 for information about our suspension of certain rescissions and the number of rescissions suspended as of March 31, 2014.
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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