September 9, 2014 9:41 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.
SinoCoking Coal and Coke Chemical Industries (NASDAQ: SCOK) surged 40.75% to $4.11 after the company announced a new underground coal gasification project.Annie's (NYSE: BNNY) shares jumped 37.19% to $45.97 after the company agreed to be acquired by General Mills (NYSE: GIS) for $46 per share in cash.iPass (NASDAQ: IPAS) shares gained 20.32% to $1.37 after the company announced Monday, that the iPass board has initiated a process to explore strategic alternatives.Elecsys (NASDAQ: ESYS) rose 9.02% to $13.53. On Monday, Elecsys reported Q1 earnings of $0.07 per share on revenue of $6.67 million.Burlington Stores (NYSE: BURL) shares climbed 5.38% to $38.00 after the company reported a narrower-than-expected second-quarter loss and lifted its forecast for the year.HD Supply Holdings (NASDAQ: HDS) rose 3.76% to $28.42 after the company reported better-than-expected Q2 results. Barnes & Noble (NYSE: BKS) shares gained 2.09% to $23.89 after the company reported a narrower-than-expected loss for the fiscal first quarter.
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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