September 22, 2014 5:37 PM | 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.
Herbalife Ltd. (NYSE: HLF) shares ticked up slightly after hours Monday following a scare in the afternoon that investor Carl Icahn would dump his 17 percent stake in the controversial company.But Fox News' Charles Gasparino touched off a minor recovery in Herbalife after the market closed with a tweet claiming that Icahn had not sold shares and hadn't acquired any puts.https://twitter.com/CGasparinoSpeculation that Icahn would sell his Herbalife stake had sent the company's shares below $39 for the first time since May 2013. After dropping more than 10 percent Monday afternoon, Herbalife traded recently in the after-hours session at $41.04 a share, up 2 percent.
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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