August 8, 2014 10:32 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.
Tekmira Pharmaceuticals (NASDAQ: TKMR) shares moved up 17.52% to $16.77. The volume of Tekmira Pharmaceuticals shares traded was 2887% higher than normal. Tekmira Pharma said a Food and Drug Administration action may enable the use of the company's TKM-Ebola drug for individuals infected with Ebola virus.Air Methods (NASDAQ: AIRM) surged 11.19% to $59.14. The volume of Air Methods shares traded 761% higher than normal. Air Methods reported upbeat quarterly results.Mercadolibre (NASDAQ: MELI) shares climbed 13.36% to $104.79. The volume of Mercadolibre shares traded was 710% higher than normal. Mercadolibre reported stronger-than-expected quarterly results.Medivation (NASDAQ: MDVN) shares rose 7.43% to $80.86. The volume of Medivation shares traded was 343% higher than normal. Medivation reported Q2 earnings of $0.60 per share on revenue of $143.70 million.
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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