July 24, 2014 4:15 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.
Shares of Trulia Inc (NYSE: TRLA) spike higher following the Bloomberg news release of Zillow Inc (NASDAQ: Z) could be looking to buy the online real estate search company. Trulia's competitors surge following the news as well. Due to Zillow being one of Trulia's competitors within its consumer segment it appears the street is drawing its focus on Trulia's other competitors within the space. In its most recent 10-K Trulia has identified its principal competitors in its consumer segment as:
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.
Move Inc. (NASDAQ: MOVE) up over 4 percent due to its subsidiary Realtor.com Yahoo Inc. (NASDAQ: YHOO) up over four percent, Trulia has recognized Yahoo Real Estate as one of its principal competitors in its consumers category.Non-mover online brokerage service competitors that are public RedFin Network Inc (OTCMKTS:RFNN) and ZipRealty, Inc. (NASDAQ: ZIPR)Private companies such as: Homes.com, MSN Real Estate, ApartmentGuide.com, ApartmentList.com and Rent.com, Craigslist, Inc
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