August 27, 2014 10:17 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.
Motorcar Parts of America (NASDAQ: MPAA) shares moved up 5.78% to $29.45. The volume of Motorcar Parts of America shares traded was 1242% higher than normal. Motorcar Parts of America priced public offering of 2.4 million shares of common stock at $26.00 per share.Aruba Networks (NASDAQ: ARUN) surged 4.92% to $21.24. The volume of Aruba Networks shares traded 709% higher than normal. Aruba Networks reported stronger-than-expected quarterly results. UBS upgraded Aruba from Neutral to Buy and raised the price target from $21.00 to $25.00.Tiffany & Co (NYSE: TIF) shares climbed 0.85% to $101.63. The volume of Tiffany shares traded was 406% higher than normal. Tiffany reported better-than-expected earnings for the second quarter and raised its FY14 forecast.Express (NYSE: EXPR) shares rose 11.65% to $16.29. The volume of Express shares traded was 363% higher than normal. Express reported stronger-than-expected second quarter results.
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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