November 10, 2014 9:52 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.
Dendreon (NASDAQ: DNDN) shares dipped 65.71% to $0.32 on Chapter 11 filing.Rayonier (NYSE: RYN) shares dropped 13.50% to $29.32. Rayonier reported better-than-expected earnings for the third quarter. The company announced its plans to realign its strategy. It also restated results for the first half of this year and lowered its quarterly dividend to $0.25 per share from $0.30 per share.Repros Therapeutics (NASDAQ: RPRX) shares tumbled 9.39% to $9.17 after the company reported a Q3 loss of $0.32 per share.PhotoMedex (NASDAQ: PHMD) fell 8.81% to $2.85 after surging 4.00% on Friday.TravelCenters of America LLC (NYSE: TA) declined 8.32% to $9.36 after the company reported Q3 earnings of $0.34 per share on revenue of $2.01 billion.Gogo (NASDAQ: GOGO) shares slipped 5.86% to $15.67 after the company reported a wider-than-expected Q3 loss.Gulf Resources (NASDAQ: GURE) shares dropped 3.60% to $1.34 on Q3 results. The company reported Q3 net income of $5.0 million on revenue of $31.1 million. GoPro (NASDAQ: GPRO) shares declined 3.11% to $76.60 after the company announced a $800 million common stock shelf offering via selling holders.ChyronHego (NASDAQ: CHYR) fell 2.36% to $2.82 after the company reported Q3 results.
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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