January 27, 2015 3:30 PM | 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.
World Wrestling Entertainment, Inc. (NYSE: WWE) rallied on news that the number of subscribers to its WWE Network grew 36 percent since September 30.The company changed hands recently at $12.60, up more than 20 percent.World Wrestling said subscribers to the service
surpassed one million Tuesday. That's up 36 percent from the 731,359 monthly paid subscribers the company has posted as of September 30.The WWE Network segment generated $22.4 million of the company's $120.2 million for the third quarter ended September 30, when new subscription revenue more than offset a decline in pay-per-view revenue.Subscribers in the third quarter paid between $9.99 and $12.99 each per month for access to live professional wrestling events as well as a library of "classic" content.World Wresting Entertainment is expected to post a loss of $0.08 a share on sales of $135.42 million when it reveals fourth-quarter results February 12.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.