August 29, 2014 10:25 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.
Net 1 Ueps Technologies (NASDAQ: UEPS) shares moved up 8.63% to $12.71. The volume of Net 1 Ueps Technologies shares traded was 3697% higher than normal. Net 1 reported adjusted earnings of $0.91 per share on revenue of $182.8 million for the fiscal fourth quarter. Analysts were expecting earnings of $0.33 per share on revenue of $142.3 million.Criteo SA (NASDAQ: CRTO) surged 18.25% to $36.24. The volume of Criteo shares traded 1285% higher than normal. Criteo shares gained following a Les Echos report that Publicis has restarted talks to buy the company.Splunk (NASDAQ: SPLK) shares climbed 15.60% to $52.36. The volume of Splunk shares traded was 885% higher than normal. Splunk reported upbeat results for the fiscal second quarter and lifted its forecast for the year.Veeva Systems (NYSE: VEEV) shares rose 15.63% to $28.86. The volume of Veeva Systems shares traded was 606% higher than normal. Veeva reported better-than-expected second-quarter results and issued a strong third-quarter outlook.
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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