August 27, 2014 9:46 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.
Eltek (NASDAQ: ELTK) dropped 12.56% to $1.53 after the company reported a Q2 loss of $0.01 per share on revenue of $12.0 million.Daegis (NASDAQ: DAEG) shares tumbled 10.89% to $1.06 on Q1 results. Daegis reported Q1 earnings of $0.01 per share.Smith & Wesson Holding (NASDAQ: SWHC) shares dipped 10.15% to $11.77 after the company lowered its full-year guidance. However, the company reported in-line earnings for the fiscal first quarter.Yingli Green Energy Holding Co (NYSE: YGE) shares slipped 7.08% to $3.31 after the company reported downbeat profit for the second quarter. Brown Shoe Co (NYSE: BWS) shares declined 4.85% to $29.85. The company reported upbeat earnings for its fiscal second quarter and lifted its forecast for the year. Chico's FAS (NYSE: CHS) dropped 4.06% to $15.37 after the company reported downbeat fiscal second-quarter profit.Sturm, Ruger & Co (NYSE: RGR) shares fell 3.86% to $49.06 after Smith & Wesson reported inline earnings, but issued a weak guidance. TiVo (NASDAQ: TIVO) declined 2.16% to $13.60 after the company reported better-than-expected second-quarter profit and announced a new $350 million share repurchase plan.
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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