August 27, 2014 5:44 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.
Lend Lease Group (OTC: LLESY) reported a 50% rise in its earnings for the full year boosted by the sale of shopping mall in England. The company also raised its dividend payout.The Australia company posted a net profit of 822.9 million Australian dollars (US$766.5 million) in the 12 months, versus a year-ago profit of A$549 million.Its revenue climbed 5.9% to A$13.94 billion compared to A$13.16 billion. In late June, Lend Lease Group expected a profit of A$810 million to A$830 million.The company lifted its final dividend to 49¢ from 42¢.Lend Lease Chief Executive and Managing Director Steve McCann said, "The group has an estimated development pipeline end value of $37.7 billion up $300 million, a construction backlog revenue of $16.2 billion and funds under management of $16.3 billion, up 9 per cent, which gives us a solid base for the coming years."Lend Lease Group shares gained 0.78% to close at $12.91 yesterday.
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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