November 14, 2014 8:03 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.
Geron (NASDAQ: GERN) shares gained 36.80% to $3.16 in the pre-market trading session after the company reported a global strategic deal with J&J's Janssen for the development and commercialization of imetelstat. TubeMogul (NASDAQ: TUBE) shares surged 13.16% to $20.38 in pre-market trading after the company reported stronger-than-expected results for the third quarter.Hertz Global Holdings (NYSE: HTZ) shares rose 4.27% to $23.70 in pre-market trading after the company announced that it will restate 2011, 2012 and 2013 results. The company also announced a new fleet purchasing strategy and a new $100 million cost reduction program.Nordstrom (NYSE: JWN) shares jumped 3.55% to $75.85 in pre-market trading after the company reported upbeat earnings for the fiscal third quarter and lowered its earnings forecast.
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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