November 4, 2014 7:08 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.
Dish Network (NASDAQ: DISH) reported weaker-than-expected earnings for the third quarter.The Englewood, Colorado-based company posted quarterly net income of $145.5 million, or $0.31 per share, compared to $314.9 million, or $0.68 per share, in the year-ago period.Its revenue climbed to $3.68 billion from $3.51 billion. However, analysts were expecting earnings of $0.39 per share on revenue of $3.69 billion.Subscriber-related revenue climbed 5.3% to $3.65 billion from $3.46 billion. Pay-TV ARPU came in at $84.39, up from $80.98 in the year-ago period. Total pay-TV customers slipped by around 12,000 for the quarter. The company closed the quarter with 14.041 million pay-TV subscribers, versus 14.049 million pay-TV subscribers at the end of year-ago quarter.DISH added around 28,000 net broadband subscribers in the quarter. The company also added around 75,000 net broadband subscribers in the same period.Dish shares rose 0.25% to close at $63.81 yesterday.
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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