December 30, 2014 10:31 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.
Civeo Corporation (NYSE: CVEO) shares fell 48.49% to touch a new 52-week low of $4.26 after the company issued a weak Q1 and FY15 forecast. The company also announced its plans to suspend the quarterly dividend.
500.com Limited (NYSE: WBAI) shares fell 4.69% to reach a new 52-week low of $18.17. On December 29, 500.com appointed Mr. Jeffrey R. Williams as a new independent director.
LookSmart, Ltd. (NASDAQ: LOOK) shares touched a new 52-week low of $0.737. LookSmart's trailing-twelve-month ROE is -91.90%.
VIVUS Inc. (NASDAQ: VVUS) shares dropped 3.88% to touch a new 52-week low of $2.7490. VIVUS shares have dropped 68.50% over the past 52 weeks, while the S&P 500 index has surged 13.10% in the same period.
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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