Tiger Airways Posts Quarterly Profit

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.

Tiger Airways Holdings (OTC: TAIRF) posted a net profit for the three months ended December.Tiger Airways swung to a quarterly net profit of 2.2 million Singapore dollars (US$1.64 million), versus a year-ago net loss of S$118.5 million.Its revenue climbed 5.9% to S$182.3 million, while total expenses slipped 1.5% to S$178.2 million. The company posted an operating profit of S$4.1 million, versus an operating loss of S$8.8 million.Its traffic gained 2.1%, while the load factor rose 6.2 percentage points.

27% profit every 20 days?

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!