Tellabs Inc. Chairman Sells 100,000 Shares of TLAB

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.

In a Form 4 filed earlier today, Tellabs Inc. (NASDAQ: TLAB) Chairman of the Board, Michael Birck, reported that he sold 100,000 shares of TLAB on September 28th for an average price of $7.59.The transaction totaled $758,620. This sale was 10b5-1 Plan indicated.Mr. Birck owns 16,266,171 direct shares and 15,760,960 indirect shares of TLAB.Source: The Washington Service

27% profit every 20 days?

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