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.
RADNOR, Pa., Sept. 19, 2014 (GLOBE NEWSWIRE) -- The Board of Directors of Penn Virginia Corporation (NYSE: PVA) has declared a regular quarterly cash dividend of $150.00 per share on its 6.00 percent Series A convertible preferred stock. As a result, on October 15, 2014, a dividend of $1.50 per depositary share, each representing a 1/100th interest in a share of the Series A convertible preferred stock, will be paid to holders of record at the close of business on October 1, 2014.
In addition, the Board of Directors of PVA has declared a cash dividend of $198.33 per share on its 6.00 percent Series B convertible preferred stock, which is the dividend payable from the original issue date of June 16, 2014 through September 30, 2014. As a result, on October 15, 2014, a dividend of $1.9833 per depositary share, each representing a 1/100th interest in a share of the Series B convertible preferred stock, will be paid to holders of record at the close of business on October 1, 2014.
Penn Virginia Corporation (NYSE: PVA) is an independent oil and gas company engaged in the exploration, development and production of oil, natural gas liquids and natural gas in various domestic onshore regions of the United States, with a primary focus in Texas. For more information, please visit our website at www.pennvirginia.com.
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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