December 22, 2014 10:38 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.
(NYSE: OCN) shares fell 22.97% to touch a new 52-week low of $16.87 after the company disclosed a settlement with the NYDFS. The company will pay $100 million civil monetary penalty and $50 million as restitution. Ocwen Financial executive chairman and founder, William Erbey, will resign and Barry Wish will become non-exec chairman.
SGOCO Group, Ltd. (NASDAQ: SGOC) shares reached a new 52-week low of $0.668 after the company reported 2014 interim financial results. The company posted a net loss of $1.6 million in the first half, versus a year-ago net income of $5.1 million.
Freshpet, Inc. (NASDAQ: FRPT) shares touched a new 52-week low of $14.14. Freshpet reported that its stock has been added to the Russell 3000 Index and the Russell 2000 Index.
Finish Line Inc. (NASDAQ: FINL) shares fell 3.54% to touch a new 52-week low of $22.52 after Janney downgraded the stock.
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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