Mid-Day Losers From December 16, 2014: Frontline, Navistar, Mobile TeleSystems, Nucor


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.


Frontline Ltd. (NYSE: FRO) -16.7% - Shares are lower following the company’s announcement of a private agreement to exchange its 4.5 percent convertible bonds for roughly $4 million in shares.

Navistar International Corp (NYSE: NAV) -12.5% - Shares are lower following the company’s financial results from the fourth quarter.

Mobile TeleSystems OJSC (ADR) (NYSE: MBT) -9.5% - The Russian based company is down following the collapse in the Russian ruble.

Nucor Corporation (NYSE: NUE) -3.6% - The company announced fourth-quarter EPS guidance of $0.50 to $0.55 vs. the $0.65 estimate.


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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Intraday UpdateMovers