September 24, 2014 10:14 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.
Acorda Therapeutics (NASDAQ: ACOR) shares moved up 17.61% to $34.52. The volume of Acorda Therapeutics shares traded was 2175% higher than normal. Acorda Therapeutics announced its plans to acquire Civitas Therapeutics.Green Dot (NYSE: GDOT) surged 14.22% to $21.50. The volume of Green Dot shares traded 1014% higher than normal. Green Dot announced the launch of GoBank checking account exclusively at Walmart.Bed Bath & Beyond (NASDAQ: BBBY) shares climbed 6.23% to $66.60. The volume of Bed Bath & Beyond shares traded was 339% higher than normal. Bed Bath & Beyond reported stronger-than-expected second-quarter results and issued a forecast slightly ahead of the estimates.HSN (NASDAQ: HSNI) shares rose 3.36% to $61.01. The volume of HSN shares traded was 305% higher than normal. The rise in HSN shares may be attributed to Craig Hallum note saying they could be bought by Liberty Interactive for $75-$95/share.
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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