August 5, 2014 7:28 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.
Shares of
RetailMeNot (NASDAQ: SALE) were nosediving following what may be a less than stellar earnings report after the close on Monday. RetailMeNot reported a 16 percent decline in second quarter net income to $0.08 per share, badly missing the $0.17 per share analysts were expecting for the quarter, according to some reports. However, a Goldman Sachs report from Debra Schwartz states that non-GAAP EPS was actually $0.18, which would have been a penny above consensus, with confusion due to GAAP versus non-GAAP comparisons. Revenue came in somewhat light as well at $59.5 million, just short of consensus of $60 million. Shares of RetailMeNot are trading at 19.95 after hours, down 20 percent from the 25.30 close.
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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