October 7, 2010 8:02 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.
American Eagle Outfitters, Inc. (NYSE: AEO) is raising its third quarter earnings guidance from continuing operations to a range of $0.27 to $0.28 per diluted share from prior guidance of $0.23 to $0.26 per diluted share. This is based on a view of third quarter comparable store sales of flat to slightly positive, reflecting conservative traffic during the non-peak selling period of October. Third quarter guidance compares to adjusted earnings from continuing operations for the third quarter 2009 of $0.25 per diluted share, which excluded a tax benefit of $0.07 per diluted share associated with the repatriation of earnings from Canada as outlined in the table that follows. The third quarter 2010 guidance excludes the potential impact of investment security charges.
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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