January 28, 2015 8:10 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.
(NYSE: VMW) on Tuesday after market close reported its fourth quarter results.The company earned $1.08 per share, a penny ahead of the $1.07 per share analysts expected. Revenue of $1.7 billion topped the $1.69 billion analysts expected. Net income for the fourth quarter was $326 million, a decrease of 2 percent compared to $335 million a year ago.During the fourth quarter, VMware spent $250 million on share buybacks and $700 million throughout the entire 2014.The company also issued guidance and expects its full year fiscal 2015 sales to be in a range of $6.64 billion to $6.76 billion (versus expectations of $6.85 billion), while earnings per share will fall in a range of $3.96 to $4.04 (versus expectations of $4.08 per share).First quarter sales are expected to be $1.49 billion to $1.51 billion, while earnings per share will fall in a range of $0.83 to $0.85 (versus expectations of $0.89 per share).
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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